Embraer Targets Growth as Regional Jet Demand Surges Post-Pandemic 
Toyota Recalls 162,000 Tundra Vehicles in U.S. Over Multimedia Display Issue 
Goldman Sachs CEO David Solomon’s 2025 Pay Soars to $47 Million After Strong Deal-Making Year 
Tesla Plans FSD Subscription Price Hikes as Autonomous Capabilities Advance 
Intel Stock Slides Despite Earnings Beat as Weak Q1 Outlook Raises Concerns 
CN Energy Group Inc. Stock Slides After Nasdaq Delisting Notice Over Bid Price Rule 
FCC Chairman Raises Competition Concerns Over Netflix–Warner Bros. Discovery Deal 
Exxon Mobil’s XTO Energy Explores Sale of Eagle Ford Shale Assets in South Texas 
Shell Plc Downgraded by RBC as Market Headwinds Pressure Valuation 
NTSB Opens Investigation Into Waymo Robotaxis After School Bus Safety Violations in Texas 
Microsoft Restores Microsoft 365 Services After Widespread Outage 
U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns 
Sanofi Reports Positive Late-Stage Results for Amlitelimab in Eczema Treatment 
LVMH Succession Uncertainty Raises Governance Concerns Among Shareholders 
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market 
Ryanair Holdings Plc reported a sharp decline in third-quarter profit, weighed down by a significant exceptional charge linked to a fine from Italy’s competition authority, even as revenue and passenger traffic continued to grow. The low-cost airline said profit after tax for the quarter ended December 31 fell to €30 million, down from €149 million a year earlier, after accounting for exceptional items.
The profit drop was mainly driven by an €85 million exceptional charge, representing roughly one-third of a €256 million fine imposed in late December by Italy’s antitrust authority, AGCM. Excluding exceptional items, Ryanair’s profit before tax declined 22% year-on-year to €115 million, compared with €149 million in the same period last year.
Despite the profit pressure, Ryanair delivered solid top-line growth. Revenue rose 9% to €3.21 billion, supported by higher passenger numbers and increased fares. Passenger traffic grew 6% to 47.5 million travelers during the quarter, while the average fare increased 4% to €44. The airline’s load factor remained stable at a strong 92%, highlighting continued demand across its network.
Scheduled revenue increased 10% to €2.10 billion, while ancillary revenue, including add-on services, climbed 7% to €1.11 billion. Operating costs before exceptional items rose 6% to €3.11 billion. Fuel and oil costs increased to €1.26 billion, staff costs reached €451 million, and airport and handling charges rose to €403 million. Route charges climbed to €311 million, and depreciation expenses increased to €326 million.
Ryanair also noted that the absence of delivery delay compensation reduced other income compared with the prior year. Net finance and other income fell sharply to €9 million from €90.2 million previously.
For the nine months ended December 31, Ryanair reported profit after tax of €2.57 billion, up from €1.94 billion a year earlier. Revenue for the period rose 12% to €13.03 billion, with passenger traffic increasing to 166.5 million. The airline ended December with gross cash of €2.4 billion and net cash of around €1 billion, supported by disciplined capital management and fuel hedging through fiscal 2027.
