Recession bites Ryanair profits, outlook unchanged
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DUBLIN (Reuters) - Ryanair , Europe's biggest budget airline, undershot analyst forecasts with a profit slide of 29 percent in the three months to June as it grappled with a toxic mix of austerity, recession and stubbornly high fuel prices. The Dublin-based airline, famous for its no-frills service, said the weak economic outlook for Europe would continue to restrain fare growth for the rest of ...
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