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Ryanair profit tumbles as prices fall and Boeing delivery delays hit capacity
Credit: City A.M.- Published on November 4, 2024
Ryanair’s half-year profit has fallen 18 per cent amid a dip in the average price of its ticket fares and ongoing Boeing delivery delays. The budget airline reported a post-tax profit of €1.79bn (£1.5bn), even as passenger demand reached a record 115m, up nine per cent year-on-year. Revenue increased one per cent to...