LONDON, Jan 26, 2026 (BSS/AFP) - Irish no-frills airline Ryanair on Monday announced a sharp drop in net profit for its third quarter, weighed down by a hefty fine from Italy's competition authority.

Profit after tax stood at 30 million euros ($36 million) in the three months to the end of December compared with 149 million euros one year earlier, the Dublin-based carrier said in a statement.