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The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service.The model was pioneered by publishers of books and periodicals in the 17th century, [1] and is now used by many businesses, websites [2] and even pharmaceutical companies in partnership with governments.
In July 2020, Ryanair's CEO, Michael O'Leary announced that the company had made a net loss of €185 million in the period April–June 2020. In comparison, in the same period of 2019, the firm made a net profit of €243 million. [134] In September 2020, the airline threatened to leave Ireland due to COVID-19 restrictions. [135]
Solar Power Plant Telangana II in state of Telangana, India. India renewable electricity production by source. India is the world's 3rd largest consumer of electricity and the world's 3rd largest renewable energy producer with 46.3% of energy capacity installed as of October 2024 (203.18 GW of 452.69 GW) coming from renewable sources.