Irish low-cost carrier (LCC) Ryanair announced a net profit of €245 million ($271.4 million) for the first quarter of its financial year, up 25% compared to €197 million for the year-ago period. First-quarter revenue rose 10% to €1.65 billion, while passenger numbers climbed 16% to 28 million. Speaking in London, Ryanair CFO Neil Sorahan said load factor for the quarter increased 6 points to 92% compared to a year earlier and the LCC is now targeting a 90% load factor for ...

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