The Guardian - Jasper Jolly
Ryanair has reported a surge in profits to a record €1.4bn (£1.2bn) for the first half of its financial year, as the airline said it was seeing no letup in the demand for air travel going into winter after record summer passenger numbers.
The airline reported greater traffic at higher fares than the same period in 2019, before the coronavirus pandemic, the first time that has been achieved since the first Covid-19 lockdowns.
Profits after tax soared to €1.37bn in the six months to 30 September, compared with a loss of €48m for the same period last year. Revenues for the period tripled to €6.6bn, as it carried 95.1 million passengers, compared with 39.1 million last year.
