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The Independent UK
The Independent UK
Travel
Simon Calder

Ryanair profits rebound to almost £40 per second

Ryanair European Union Europe
Simon Calder

Europe’s biggest budget airline made €1.43bn (£1.24bn) in profit between April 2022 and March 2023 – equivalent to an average of almost £40 per second.

Ryanair said “strong traffic recovery and favourable oil hedges” turned around the previous year’s loss of €355m (£309m).

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