Ryanair reported net income of €305.5 million ($373.4 million) for its fiscal year ended March 31, reversed from a €169.2 million deficit in its prior fiscal year when results were affected negatively by€274.1 million in exceptional costs including a €222.5 million impairment resulting from its investment in Aer Lingus. In contrast to most other major airlines in Europe and for the first time since it went public in 1997, the airline revealed that it will pay out a ...

Subscribe to Access this Entire Article

"Ryanair swings to €305.5 million fiscal-year profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.