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Ryanair profit tumbles as jet fuel prices soar

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Ryanair profit tumbles as jet fuel prices soar
Ryanair shed more than a third of its profit as rising jet fuel prices triggered by the Iran war began to take effect.  The budget airline had previously insulated itself from rising fuel prices by fixing its energy costs on hedged contracts.  But Ryanair said the cost of the 20 per cent of its jet [...]
20 Jul, 06:51
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