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Ryanair profits fall after ash cloud cancellations

25 July 2010

Ryanair’s first-quarter net profits have fallen by 24% to 93.7m euros ($122m, £80m) because of the volcanic ash disruption earlier this year.

The airline said the Icelandic ash cloud had caused it to cancel almost 10,000 flights at a cost of 50m euros.

source: BBC News

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