Ryanair boosts profit forecast via IrishTimesBiz
The company revised this on Wednesday to between €1.325 billion and €1.425 billion following what it called strong pent-up demand for travel over the first Covid-free Christmas since 2019.
The company maintains that it will lose money through the final three months of its current financial year, partly due to Easter falling in April and an easing in some Irish-UK travel and fares. Ryanair earned €1.37 billion profits in the six months ended September 30th, the first half of its financial year, as summer travel recovered strongly last year.
The figures showed Christmas traffic rebounding sharply from the last two years, which were marred by Covid travel curbs.
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