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Ryanair reports Q3 loss of EUR 20 million in the 3Q (excluding Lauda)

Lauda, Brexit and succession board

Ryanair today (4 Feb.) reported a Q3 net loss of €20m (excl. Lauda). Strong traffic growth (+8%) to 33m was offset by a 6% decline in ave. fares due to excess winter capacity in Europe. Stronger ancillary revenue growth (+26%) was offset by higher fuel, staff and EU261 costs.Q3 highlights include: Traffic grew 8% to 33m (LF unchanged at 96%) Ave. fares fell 6% to under €30 Ancillary revenue rose 26%...

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Dublin, Ireland, 02/04/2019 15:00
AVIONEWS - World Aeronautical Press Agency

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