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Ryanair Stock Drops On Weak Q1 Profit; Sees Traffic Growth Ahead

Ryanair Stock Drops On Weak Q1 Profit; Sees Traffic Growth Ahead

Shares of Ryanair Holdings Plc were losing around 7 percent in Ireland, after the Irish low-cost airline reported Monday lower profit in its first quarter of fiscal 2027 with higher operating expenses, despite slightly higher revenues. Looking ahead for fiscal 2027, the company said traffic remains on track to grow 4 percent to 216 million passengers, with a fleet of 647 aircraft.
RTTNews | 53 days ago