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Ryanair Suffers Drop In Profits, Delays 737 MAX 200 Deliveries

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Ryanair has publicly announced that its profits have suffered a decline of 29% to €1.02 billion despite traffic growth, together with the imminent delay in upcoming Boeing 737 MAX 200 deliveries. According to the ultra-low-cost carrier, to counter the traffic increase, fares suffered a declined of 6%, whereas higher fuel and staff costs forced the airline to report a drop in profits. (airwaysmag.com) More...

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