Ryanair outperformed market expectations as it reported a €47.7 million ($61.8 million) net profit for the third fiscal quarter ended Dec. 31, a 30% increase from the €36.8 million earned in the year-ago quarter "This exceptional 30% increase in Q3 profits during a period of higher oil prices, intense competition and 21% seat capacity growth demonstrates, yet again, the robustness of Ryanair's lowest-fare model," CEO Michael O'Leary said. Total operating revenues advanced 33% to ...

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