Ryanair has reported a €20m loss for the three months to 31 December 2018. Ryanair has reported a €20m loss for the three months to 31 December 2018. O'Leary to remain with Ryanair until at least 2024, as airline reports €20m lossThe loss was driven by a 6pc decline in average fares, according to a trading update from the group. Under a new group structure Mr O'Leary will oversee the development of Ryanair Holdings, and its four airline subsidiaries, Ryanair DAC, Laudamotion, Ryanair Sun and Ryanair UK. “It’s not that I’m pessimist for pricing this summer, but I am more conservative than competitor airlines,” Mr O’Leary said.

Source: Irish Independent February 04, 2019 06:26 UTC