The jump in air traffic gives wings to Ryanair

The Irish Airline Ryanair returned to profit after a staggering first quarter, boosted by increased traffic, posting a positive result of €170m after tax versus a net loss of €273m a year earlier.

Traffic multiplied by more than five in one year, up to 45.5 million passengers transported. But the result is still significantly lower than the 243 million euros of net profit published by the company in its first quarter of 2019/2020, that is, before the pandemic, mainly due to lower ticket prices.

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