Ryanair suffers 80% drop in profits due to Italian fine
Ryanair saw its net profit fall by 80% during its third quarter, mainly due to a heavy fine imposed in Italy for abuse of a dominant position /Ryanair
Irish budget airline Ryanair saw its profits fall by no less than 80% last quarter due to a fine of more than 255 million euros imposed by the Italian competition authority in December.
Profit after tax amounted to 30 million euros in the three months to the end of December. A year earlier, profi

