Ryanair i minus

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Ryanair i minus

02-06-2009, 09:34

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Ryanair i minus

Quote:

Ryanair has reported its first annual loss after it was hit by higher fuel costs and had to write down the value of its stake in rival Aer Lingus.

The Irish airline made a net loss of 169m euros ($239m; £146m) in the year to 31 March. This compares with a profit of 481m euros a year before.

http://news.bbc.co.uk/2/hi/business/8078349.stm

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