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Ryanair announces reduced Q3 loss of €10m. The press release

Dublin, Ireland - Quarterly traffic grows 6% to 17m, while fares rise 15%

Ryanair, Europe’s airline today (31 Jan) announced a slightly reduced Q3 loss of €10m (down from a Q.3 loss of €11m last year). Total revenues grew by 22% to €746m, as traffic increased 6% to 17m and average fares rose by 15%. Unit costs increased by a similar 15% due to a 14% increase in flight hours, as average sector length rose by 7%. Excluding fuel (which is up 37%), unit costs rose by 8%....

fra/pec - 1125237

AVIONEWS - World Aeronautical Press Agency
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