ryanair profits fall due to pound weakness
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Ryanair profits fall due to pound weakness

Arab Today, arab today

Arab Today, arab today Ryanair profits fall due to pound weakness

Ryanair
London - AFP

 Profits at budget airline Ryanair dropped eight percent in the third quarter owing to a sharp fall in the pound following Britain's decision to exit the EU, the Irish carrier reported Monday.

It said net profits fell to 95 million euros ($102 million) for the period ending December 31, 2016.

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