Ryanair Flying High
It's been a long time since the airline sector has looked this good. After United Airlines (UAUA) and American Airlines (AMR) recently posted strong first-quarter growth, their European counterparts are now getting in on the act. On July 31 Dublin-based Ryanair (RYAAY), the Continent's leading budget airline, announced a 20% increase in its first-quarter profits, to $190 million.
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