Ryanair announces surging Q1 profit

By Agence France-Presse

Jul 25, 2023 12:16 am

LONDON: Irish no-frills airline Ryanair on Monday announced surging profits for its first quarter, recovering from disruption to traffic one year earlier in the wake of Russia's invasion of Ukraine.

Profit after tax soared to 663 million euros ($738 million) in the three months to the end of June from 170 million euros in the carrier's prior first quarter, a statement said.

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