Ryanair price falls easing after summer of declining ticket costs for passengers

Ryanair’s recent profits are 18 per cent lower compared to the same period last year - (PA Wire)

Budget airline Ryanair reported that its fare drops have slowed down following a summer of declining ticket prices.

Europe’s largest low-cost airline announced on Monday (4 November) that its after-tax profit for the six months to the end of September ended at €1.79bn (£1.5bn), 18 per cent lower than the same period last year, which saw a profit of €2.18bn (£1.8bn).