Ryanair reported a full-year net loss for the first time since its IPO 20 years ago, a €169.2 million ($239.8 million) deficit in the year ended March 31 that represented a sharp reversal from the €391 million profit posted in 2007-08 as it wrote down the value of its 29.8% stake in Aer Lingus by €222.5 million. The LCC now values its holding in its smaller rival at just €93.2 million (ATWOnline, March 9). It also recorded a €51.6 million loss related to ...

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