Irish-based low-cost carrier Ryanair (FR) has announced a 25% leap in annual post-tax profits to a record €503 million ($641 million), compared to €401 million in the year-ago period.
Ryanair 737-800. By Rob Finlayson Irish-based low-cost carrier Ryanair (FR) has announced a 25% leap in annual post-tax profits to a record €503 million ($641 million), compared to €401 million in the year-ago period. It warned that FY13’s figures are likely to decline, given the combination of rising fuel costs and Europe’s gloomy economic outlook. FR’s results included a 19% increase in revenue to €4.32 billion and a 5% rise in passengers to 75.8 ...
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