TravelDream
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- 7 Aug 2016
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Ryanair has reported its first profit since Covid began showing that the European aviation market is slowly beginning to recover. The 225 million Euro profit covers the second quarter if the year (April to June).
They still expect to make an overall loss this financial year though of 200 million Euros as it claims it will have to slash fares to fill planes this winter. Already I have a friend who's booked a lads weekend with a few guys to Poland for £8 return. 200 million Euros isn't too bad in the grand scheme of things as their profit in each year from 2010 to 2020 was much higher than 200 million and other airlines are going to be hurting a lot harder.
They still expect to make an overall loss this financial year though of 200 million Euros as it claims it will have to slash fares to fill planes this winter. Already I have a friend who's booked a lads weekend with a few guys to Poland for £8 return. 200 million Euros isn't too bad in the grand scheme of things as their profit in each year from 2010 to 2020 was much higher than 200 million and other airlines are going to be hurting a lot harder.
Ryanair to pull London Stock Exchange listing because of Brexit
Budget airline returns to quarterly profit but plans to cut winter ticket prices
www.theguardian.com