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 ...

Subscribe to Access this Entire Article

"Ryanair posts record FY profit; warns of gloomy economic outlook" 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.

Already registered? here.