London, Jan 26, 2026 (AFP) - Ryanair's quarterly net profit slides on Italy fine

NAMPA / AFP

2026-01-26

Irish no-frills airline Ryanair on Monday announced an 80 percent drop in net profit for its third quarter, impacted 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 in the period a year earlier, the Dublin-based carrier said. The decline was driven by a provision for a fine totalling more than 255 million euros i......

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