Ryanair rebounds into Q3 profit of 211 million euros
- Economy
- AFP
- Published Date: 09:28 | 30 January 2023
- Modified Date: 09:28 | 30 January 2023
Irish no-frills airline Ryanair said Monday that it rebounded into net profit in the third quarter of its financial year, buoyed by strong demand over the festive period.
Ryanair logged a profit after taxation of 211 million euros ($229 million) for the three months to the end of December after a net loss of 96 million euros a year earlier, the Dublin-based carrier said in a results statement, adding that passenger traffic soared almost a quarter.
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