Ryanair, the low-cost airline, reported a sharp drop in first-half profit, citing higher fuel costs and the economic slowdown. The Irish low-cost airline operator's second-quarter, with 31.8 million passengers (+19%), revenue rose 16%, to 1.81 billion Euros, but the net profit fell -47%, to 214.6 million, reflecting its expansion in routes and hubs despite the worsening. Ryanair confirms business...