Ryanair reports disappointing 3QFY2011 results, Vueling shares up strongly
Ryanair, Europe's largest LCC, reported a disappointing loss in 3QFY2011, despite better revenue performance and higher load factors. The carrier had a EUR300,000 operating loss and a net loss of EUR10 million, on revenue of EUR746 million. However, the airline is forecasting a stronger final quarter with results towards the upper end of its forecast range.
