Monday 20 May 2019

Ryanair warns of profit hit over 737 MAX grounding

737 MAX jets, warned that profit for this year would be dented by the plane’s global grounding. Ryanair said profit for the financial year that ended March 31 slumped to 885 million euros ($987 million), despite a 7% increase in sales to EUR7.7 billion. Profitability was hit by a 6% slump in average fares and […]

source http://www.ncairways.co/aviation/ryanair-warns-of-profit-hit-over-737-max-grounding/

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