Ryanair's profit slumped by more than a third on higher fuel costs and weaker fares in the April-June quarter, the Irish no-frills airline said on...

Traffic climbs 6 per cent over the three months to June 30th but fuel bills soar

Ryanair's first-quarter profit took a 34% hit as consumers delayed bookings due to the Middle East crisis, while struggling airlines face a "difficult winter."