Ryanair Profit Plunges On High Fuel Costs, Low Yields

Ryanair’s first-half profits were down by almost half, as Europe’s largest low-fare airline continued to expand in spite of high fuel prices and a slowing economy. The airline expects to break even in its full Fiscal Year 2009, which ends March 31, 2009, and CEO Michael O’Leary expects profits to...

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