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Ryanair reports a disappointing Q1 profit
26 July 2011
The Irish low cost carrier’s net income was up 1% as fuel costs rose by 49%.
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Ryanair
Ryanair Q1 2011 profit
Despite high fuel costs Ryanair’s net income increased by 1% year-on-year to €139 million ($200 million) due to higher average fares and ancillary charges. Revenue was up 29% to €1.15 billion with a 18% rise in traffic. But a 49%...
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