Today news
About the same in other media
Ryanair returns to quarterly profit but plans to cut winter ticket prices
Reading now: 862
Ryanair reported its first quarterly profit since before the onset of Covid-19, but said it expects to post an annual loss of up to €200m (£169m) as it would be forced to discount tickets to fill its planes over the winter.
The Irish airline, which operated more flights this summer than its European rivals, reported on Monday an after-tax loss of €48m for the six months to September. A company poll of analysts had forecast a loss of €43m.
While it did not break out its after-tax profit for the three months ended September – its second quarter – the €273m loss it reported in the first quarter implies a second quarter profit of €225m.
That marks its first quarterly profit since October-December, 2019 – before the pandemic disrupted travel.
The
Read more on theguardian.comAbout this in other media
CRO price hits new high after Crypto.com wins Los Angeles' Staples Center naming rights cointelegraph.com /3 years ago
The Tories lied their way to Brexit. What is this but sleaze? theguardian.com /3 years ago
Anya Hindmarch returns to the checkouts with ‘next generation reusable shopping bag’ theguardian.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
