LONDON: Ryanair Holdings Plc, Europe's biggest low-cost airline, posted a greater-than-expected fiscal fourth-quarter profit as passenger traffic increased and the company won customers from British Airways Plc.
Net income was 32.1 million euros (US$39.8mil), or 4.2 cents a share, for the three months through March, compared with a loss of 3.3 million euros, or 0.4 cents, a year earlier, according to Bloomberg calculations. Revenue rose 44% to 321.1 million euros.
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