Ryanair 737-800. By Rob Finlayson Ryanair (FR) reported a net profit of €14.9 million ($19.7 million) in the third quarter ended Dec. 31, 2011, a complete turnaround from a €10.3 million deficit in the year-ago period. The improvement was a result of an increase in yield after the LCC cut capacity by 2% as well as strong ancillary revenues. Europe’s largest LCC grounded 80 aircraft for the winter season to offset the damaging combination of weak demand with rising ...

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