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“Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares” [JUL, 22, 2024]

“…

  • Ryanair shares fell Monday after the company said its quarterly profit after tax had tumbled by 46% in the three months to the end of June.
  • The budget airline also said it expected fares to be lower than previously anticipated in the coming months.
  • At 8:57 a.m. London time, Ryanair shares were down 12.2%. Other European airlines followed suit, with EasyJet shedding over 6%, while Jet2 fell 4% and Hungarian airline Wizz Air slid over 6%.

…”

https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html

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