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minds subscription: But new figure still represents a profit per passenger of 7, which is way ahead of most of its rivals, according to The Independent. Winter fares were originally expected to fall by 2 per cent, but the airline says they are down 7 per cent. The predicted range for profits after tax is now 1- 1.1bn, down 9 per cent from the anticipated level. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 Join Independent Minds For exclusive articles, events and an advertising-free read for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent With an Independent Minds subscription for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent Without the ads for just 5.99 6.99 9.99 a month Start your free trial Ryanair operates a price passive/load factor active strategy, which means it will cut fares to whatever level is necessary to fill its planes currently at a load factor of around 95 per cent. Read more Polish Ryanair passenger flying home ends up 1,000 miles away in Malta But its earnings from ancillaries are increasing partly because of a drastic reduction in the amount of free cabin baggage passengers may take. It has been selling seats from the UK for as little as 9.99, which means it takes an instant loss as it is required to pay 13 in air passenger duty. (news.financializer.com). As reported in the news.