Ryanair raises profits forecast

Updated
Michael O'Leary
Michael O'Leary

Ryanair boss Michael O'Leary has hiked his airline's forecast for annual profits after a better-than-expected summer for the low-cost carrier.


With passenger numbers up 7% to 48 million in the six months to September 30 and a 6% rise in average fares accompanied by a lower than expected fuel bill, half-year profits rose 10% to 596 million euros (£478 million).
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