Ryanair’s Annual Net Profit Rises 10%

Credit: Rob Finlayson
Irish LCC Ryanair’s net profit for its financial year ended March 31 rose 10% year-over-year (YOY) to €1.45 billion ($1.71 billion), delivering a 20% net margin, even after the carrier canceled thousands of flights in fall 2017. But rising labor and fuel costs mean a weaker result is expected for...

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