Ryanair to ground 80 aircraft this winter

May 24, 2011

No-frills carrier Ryanair took 40 aircraft out of service last winter, and plans to remove a further 40 in the coming winter.

The announcement came as the airline revealed a full-year profit after tax of €401 million, up 26% on the figure for the previous financial year.

Traffic in the financial year between April 2010 and March 2011 grew by 8%, while fares rose 12%.

Read complete article in ABTN.co.uk

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