Ryanair posts €375 million fiscal-year profit; says 80 aircraft may be grounded

Ryanair 737-800. Photo: Courtesy, Boeing. Ryanair reported a net profit of €374.6 million ($530 million) for its fiscal year ended March 31, up 23% from €305.3 million earned in the prior fiscal year. Despite the profit increase, it warned that up to 80 aircraft could be grounded next winter to...

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