02-Feb-2010 2:31 PM
Ryanair announce 3QFY2010 financial results
Direct News Source
Ryanair, Europe's largest low fare airline today (1 Feb) announced a Q3 loss of €11m down from a loss of €102m in Q3 last year. Revenues rose by 1% to €612m, as 14% traffic growth was largely offset by a 12% decline in average fare. Unit costs fell by 23% (excluding fuel they fell by 4%) despite a 3%
increase in sector length.
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