Ryanair said it will carry around 1 million fewer passengers this year because of the delayed MAX aircraft
Ryanair Holdings PLC, Europe’s largest budget airline and the region’s largest customer for Boeing Co.’s 737 MAX jets, warned its annual profit would be dented by the plane’s global grounding.
Ryanair said profit for the financial year ended March 31 fell to €885 million , despite a 7% increase in sales to €7.7 billion. Profitability was hit by a 6% slump in average fares and €139.5 million in costs associated with getting Austrian carrier Lauda running after Ryanair bought the airline in 2018.
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