Ryanair Stock Dips On Weak Q1 Profit, Q2 Fares Warning

Shares of Ryanair Holdings plc were losing more than 14 percent in the pre-market activity on the Nasdaq after the European airline reported Monday sharply lower first-quarter profit, hit by higher operating costs and weaker than expected air fares. Traffic grew from last year despite multiple Boeing delivery delays, but load factor declined. Looking ahead, the company trimmed forecast for second-

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