01-Feb-2011 4:01 PM

Ryanair reports disappointing 3QFY2011 results, Air Arabia shares down 6%

Analysis

Europe's largest LCC Ryanair reported a disappointing loss in 3QFY2011 but the airline is forecasting a stronger final quarter with results towards the upper end of its forecast range. The carrier made a EUR300,000 operating loss and a net loss of EUR10 million, on revenue of EUR746 million.

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Ryanair reports disappointing 3QFY2011 results, Air Arabia shares down 6%

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