SHARE

Ryanair downgrades profit forecast

The budget airline has posted a third-quarter sales slump to €15m, compared to a “bumper” equivalent period in 2022 of €211m. The downturn is due to higher fuel costs. Despite an uptick in revenue, Ryanair has lowered its full-year outlook.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.