Ryanair profits dive as passengers hold out for lower fares – should you invest in airline stocks?

Europe’s largest low-cost airline said on Monday that net profits had fallen by 19% to €1.79 billion for the six months to the end of September

Ryanair plane in the sky
(Image credit: Getty Images)

Budget airline Ryanair has reported a fall in profit over the summer on the back of a 10% drop in ticket prices.

Europe’s largest low-cost airline said on Monday that net profits had fallen by 19% to €1.79 billion for the six months to the end of September compared to the same period last year.

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.