Ryanair swings to net profit as revenue soars, but says rest of year looks fragile

Ryanair swings to net profit as revenue soars, but says rest of year looks fragile

Ryanair Holdings PLC said Monday that it swung to a net profit for the first half of fiscal 2023 as traffic recovered strongly in the period, but that recovery for the rest of the year remained fragile. The Irish low-cost carrier s RYA, +1.15% aid the recovery could still be hurt by new Covid-19 variants…

‘Boeing management is running around like headless chickens,’ Ryanair CEO says

‘Boeing management is running around like headless chickens,’ Ryanair CEO says

Michael O’Leary, chief executive of Ryanair Holdings Inc., tore into Boeing Co. during an earnings call Monday, blasting the plane-maker’s “very poor management” and calling for a shakeup at the top. “At the moment, we think Boeing management is running around like headless chickens, not able to sell aircraft, and then even the aircraft they…