Ryanair returns to profit

Ryanair flies back into quarterly profit

Ryanair said that it returned to profit in the first quarter of 2022. Net profit hit 170 million euros ($174 million) in three months to June. Chief executive Michael O’Leary warns of ongoing threats to the sector’s fragile outlook. Irish budget airline Ryanair said Monday that it returned to profit in the first quarter as demand jumped on the travel

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