Ryanair has reported a 29pc fall in its full year profit to 31 March 2019 on the back of declining fares, and higher fuel and staff costs. Ryanair has reported a 29pc fall in its full year profit to 31 March 2019 on the back of declining fares, and higher fuel and staff costs. Ryanair profit plunges almost 30pc on the back of lower fares, higher fuel costsProfit after tax for the period was €1.02bn, down from €1.45bn in the prior year, according to annual results from the airline. During the year Ryanair carried 139 million passengers, up from 130 million people the prior year. Looking forward the group said its costs will increase as its full-year fuel bill jumps by another €460m.

Source: Irish Independent May 20, 2019 05:26 UTC