Ryanair's first-quarter profit drops 85%; faces full-year loss

Ryanair reported an 85% plunge in its fiscal first-quarter profit to €21 million ($33 million) from the €139 million earned in the three months ended June 30, 2007, as a near doubling in oil prices and falling yield overshadowed a 19% increase in passengers. The LCC also said the shift in the Easter...

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