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Ryanair Surges in Passengers, Slumps in Profits | Cork News

Ryanair Surges in Passengers, Slumps in Profits | Cork News

Published 1 day ago
Description

Ryanair smashed passenger records in July, moving 22.2 million people — a 7% jump from last year — but took a brutal 34% profit hit in the last quarter, sinking to €538 million, thanks mostly to soaring jet fuel costs and a six percent fare drop to keep ridership climbing.

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