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Ryanair Lowers Profit Forecast Amid Online Booking Site Issues

CEO Michael O'Leary Expresses Interest in Unwanted Boeing 737 Max 10 Aircrafts

  • Ryanair has reported a slump in quarterly profits and narrowed its expectations for annual earnings after some online travel sites stopped selling its flights.
  • The no-frills carrier said it made profit after tax of €15m (£12.8m) over the final three months of 2023, its third quarter, compared to the £211m it achieved in the same period a year previously.
  • Ryanair said it now expected an after-tax profit of between €1.85bn and €1.95bn for the 12 months to the end of March.
  • Ryanair, which had accused some firms of imposing additional charges on its customers and had initiated legal proceedings, said the impact would be temporary.
  • Ryanair CEO Michael O'Leary has expressed interest in purchasing unwanted Boeing 737 Max 10 aircrafts from United Airlines.
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