Ryanair posted an adjusted net profit of €36.8 million ($44.2 million) for the third quarter ended Dec. 31, an increase of 6% over the €34.8 million earned in the year-ago period, as passenger boardings grew 26% from 6.9 million to 8.6 million. "Ryanair's lowest fare model, yet again, delivered increased profits and passenger growth. . .despite the intense competition and the drag on profitability of very high fuel prices," CEO Michael O'Leary said. "As anticipated, yields were ...

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