Ryanair rolls out its new management team at the release of its 1Q results.
Ryanair reported first-quarter net income of €197 million ($264.5 million), more than doubled from a €78 million profit in the year-ago period, due partly to the timing of the Easter holidays. “Q1 profits were boosted by a strong Easter, but are somewhat distorted by the absence of Easter on the prior year Q1,” Ryanair CEO Michael O’Leary said. First-quarter revenue rose 11% to €1.5 billion, while expenses increased 2% to €1.3 billion, producing an ...
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