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Why did Ryanair's profit fall?

Ryanair's pre-tax profit dropped by 16% to €2.4bn, mainly due to higher jet fuel costs. This indicates that even budget airlines are struggling with increased operational expenses. For UK travellers, this could mean fewer ultra-cheap deals as airlines pass on costs, or it could signal a broader trend of reduced discretionary spending impacting travel demand across the country. It reflects a tougher economic climate.

Stories that explain this

Ryanair freezing staff pay and using AI to offset higher jet fuel costs

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