NEWS Ryanair announces share buyback at profits rise

Ryanair has announced quarter three profits of €103 million, a 110 per cent increase on prior year. Traffic grew 20 per cent to 25 million over the period, as average fares fell one per cent to €40. The low-cost Irish carrier also saw load factors rise five per cent to 93 per cent, while unit costs fell by five per cent.

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