Ryanair Stock Rises on Strong Q4 Earnings Amid Rising Fuel Costs
Shares of Ryanair Holdings (RYAAY) surged by 8.4% following strong fourth-quarter earnings, despite rising jet fuel costs impacting the airline industry. The company reported a 40% increase in profit after tax and maintained an impressive load factor of 94%, outperforming expectations.
Topics: airlines fuel_prices load_factor profit_growth