“Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares” [JUL, 22, 2024]
July 24, 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%.
…”