Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
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.
