Ryanair profits plunge amid lower fares and Boeing delays

Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary

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Ryanair’s profits have dropped by nearly a fifth, as lower peak-season fares met higher costs that the airline blamed partly on problems at Boeing.

Summer fares were down by an average 7% as Ryanair cut prices to keep its planes full, carrying 9% more passengers from April to September this year than last.

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Ryanair profits plunge amid lower fares and Boeing delays

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Boeing Plane Delays Force Ryanair to Trim Passenger Growth Target

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