Reuters - Ryanair profit slumps 21% as overcapacity drives fares down

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Reuters - Ryanair profit slumps 21% as overcapacity drives fares down

Reuters - Ryanair profit slumps 21% as overcapacity drives fares down

  • TV-G
  • 2019
  • 0mins
Ryanair reported a 21% drop in quarterly profit on Monday as overcapacity and a price war in Germany drove ticket prices lower but the airline kept its profit target for the year unchanged. Ciara Lee reports.