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Ryanair Doubles Quarterly Profit, Announces $868 Million Buyback

2016-02-01 12:55:42| Airlines - Topix.net

Ryanair Holdings Plc doubled fiscal third-quarter earnings as passenger numbers surged and said it will return 800 million euros to investors via a share-buyback program. Profit after tax increased to 103 million euros in the three months ended Dec. 31 from 49 million euros a year earlier, aided by a 25 percent surge in passenger numbers to 20 million, Dublin-based Ryanair said Monday.

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