Ryanair Posts Higher Profit But Warns Of Yield Decline

Ryanair posted better-than-expected results for the first quarter of 2004 but warned that yields will continue their downward spiral toward the end of the year. The airline's after-tax profit improved 21% to EUR53.1 million (US$64 million). Sales increased 23% to EUR302 million (US$364 million), and...

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