LONDON, Jan 29, 2024 (BSS/AFP) - Irish no-frills airline Ryanair on Monday said net profit dived 93 percent in its third quarter as higher fuel costs offset rising revenues, resulting in a lower full-year earnings forecast.

The carrier, which flies mostly throughout Europe, said net profit slumped to 14.8 million euros ($16 million) in the final three months of 2023 compared with one year earlier.