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Irish airline Ryanair’s profit falls as oil prices rise

Irish airline Ryanair’s profit falls as oil prices rise

Dublin-based airline Ryanair has experienced a massive profit drop due to rising oil prices. The company has announced that profit after tax for the three months to the end of June was € 538 million, 34% lower than the same period last year at €820 million. The airline hedged 80% of its jet fuel this […]

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