London, Jan 26, 2026 (AFP) - Ryanair net profit hit by Italy fine

NAMPA / AFP

2026-01-26

Irish no-frills airline Ryanair on Monday announced a sharp drop in net profit for its third quarter, weighed down by a hefty fine from Italy's competition authority. Profit after tax stood at 30 million euros ($36 million) in the three months to the end of December compared with 149 million euros one year earlier, the Dublin-based carrier said in a statement. The decline was largely driven by a provision for a more than 255-million-euro fine imp......

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