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Ryanair flies back into annual profit of 1.4 bn euros
Despite surging costs
22 May, 11:51
(ANSA-AFP) - LONDON, MAY 22 - Irish no-frills airline Ryanair
announced Monday that it rebounded back into bumper annual net
profits on a "strong" post-Covid recovery in passenger traffic.
Profit after taxation soared to 1.4 billion euros ($1.5 billion) in the 12 months to the end of March, after a net loss of 355 million euros in its previous financial year, Ryanair said in a results statement, adding it was also lifted by rising fares despite surging costs. (ANSA-AFP).
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Profit after taxation soared to 1.4 billion euros ($1.5 billion) in the 12 months to the end of March, after a net loss of 355 million euros in its previous financial year, Ryanair said in a results statement, adding it was also lifted by rising fares despite surging costs. (ANSA-AFP).
