Ryanair announces €1bn profit but forecasts deep losses

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Ryanair announces €1bn profit but forecasts deep losses
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  • 📰 The Independent
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Carrier predicts: 'Significant price discounting, and below-cost selling, from flag carriers with huge state-aid war chests'

predicts passenger numbers in April, May and June will be just 1 per cent of the original expectation, with no more than half of its expected summer traffic of 45 million passengers in July, August and September.

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