Ryanair Hikes Fares After Profit Dip from Lower Ticket Prices
Ryanair is raising ticket prices following a 16% drop in annual profits caused by earlier fare reductions, despite strong demand for summer travel. The airline reported post-tax earnings of €1.61 billion (£1.35 billion) for the year ending 31 March—down from €1.92 billion (£1.61 billion) the previous year—though still its second-best result on record. Average ticket […] More