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 ...

Subscribe to Access this Entire Article

"Ryanair more than doubles 1Q net profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.