Ryanair reports heavy third-quarter loss but maintains profitable outlook

Ryanair reported a €118.8 million ($152.1 million) net loss for the fiscal third quarter ended Dec. 31, a sharp reversal from the €47.2 million earned in the year-ago period, owing primarily to a 71% increase in fuel costs and a 9% decline in average fare. CEO Michael O'Leary called the loss...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.