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Ryanair, € 11 million loss in third quarter of 2009

Dublin, Ireland - O'Leary: "This result is disappointing"

The low-cost airline Ryanair today announced € 11 million loss in the third quarter of 2009/2010. Revenues rose by 1% to € 612 million, as 14% traffic growth was largely offset by a 12% decline in average fare. Losses in the same period in 2008/2009 had been of € 102 million. "Our Q3 loss of € 11 million is disappointing -the Irish airline's CEO Michael O'Leary stated- although better than expecte...

AVIONEWS - World Aeronautical Press Agency - 1114083
Rome, Italy, 02/01/2010 13:36
AVIONEWS - World Aeronautical Press Agency

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