42107
Ryanair Posts Record Profit
World Economy

Ryanair Posts Record Profit

Budget carrier Ryanair has booked record bottom-line earnings for its fiscal year ended March 2016, DW reported. Its outlook is still optimistic, but lower ticket prices are likely to see the surge in net profit slow down. Europe’s biggest budget carrier by passengers, Ryanair, on Monday reported a 43% surge in net profit for its fiscal year to March 2016. The Irish airline said its bottom-line earnings amounted to €1.24 billion ($1.39 billion), just short of a forecast of €1.25 billion seen in a company poll of analysts’ estimates.

 

Short URL : http://goo.gl/FIuRRc
  1. http://goo.gl/Cn2Ndf
  • http://goo.gl/4AVOc2
  • http://goo.gl/1EfBUo
  • http://goo.gl/zAahXW
  • http://goo.gl/H8AMYW

You can also read ...

Nigeria Inflation Dips Further
For the eight consecutive months, Nigeria’s inflation rate...
Exports extended their growth trajectory for the ninth consecutive month in August.
Economic growth in the third quarter is expected to receive a...
Capital outflows through the banking system have accounted for as much as $27 billion since the crisis.
Unsurprisingly, Qatar has been on the investor radar...
Ethiopia topped the list with FDI inflows surging  by 46% to $3.2 billion.
Foreign direct investment inflows to West African countries...
Currently, the total amount of the eurozone’s NPLs is estimated at $1 trillion. However, undercapitalized Italian banks are objecting  to such ECB recommendations.
The European Central Bank is poised to start wrapping up its...
Angola Rating Downgraded
Moody’s Investors Service has Sunday downgraded the long-term...
Every 1% increase in GDP is expected to equal roughly 1.8 million new jobs.
China’s unemployment rate has hit its lowest point in multiple...
Tanzania Current A/C Deficit Shrinks
Tanzania’s central bank revealed that its current account...

Trending

Googleplus