Expect to pay more this year for many consumer goods — from diapers to toothpaste to Big Macs. Just as the typical American family will finally have a few more dollars to spend, inflation will take a chunk of that extra cash.
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Of all the industries that have achieved record profits recently, none have posted more remarkable results than the airline industry. For the first time in a decade, the industry is on a glide path to profitability — but it’s …
Ryanair (RYAAY), Europe’s largest low-cost airline, posted a 32% jump in earnings on higher traffic and prices.
The Dublin-based carrier had profit of 330.3 million euros ($461 million) in the quarter ended Sept. 30, up from 250.5 million euros a year earlier, Bloomberg News reported.
Sales rose 29% from a year earlier to 1.28 billion euros.
The company raised its forecast for…
Continue reading Ryanair Earnings Rise on Higher Fares
Ryanair Earnings Rise on Higher Fares originally appeared on DailyFinance on Mon, 01 Nov 2010 06:58:00.
Filed Under: Company News, Earnings, Retail
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