Ryanair Revenues Drop 21%, Keeps Load Factors Up

Irish Low-Cost Carrier Ryanair has reported a 21% drop in its Q1 profits report, about €243 million. The airline blames higher fuel and staff costs. The revenue drop has arisen from a variety of factors, with two poor-performing markets and the delay in deliveries of the carrier's Boeing 737 MAX 200 being a dominant force in this. (airwaysmag.com) More...