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 holiday from the June quarter in 2007 to the March quarter in 2008 contributed to the drop. But the harsh operating environment leaves the outlook for the remainder of its fiscal year ...

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