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Ryanair sets sights skywards after profit rise

2015-11-02 59 Dailymotion

Things are looking up at Ryanair. The low-cost airline has revised its forecasts after posting a rise in six-monthly profits – up by 37 percent to a net figure of 1.088 billion euros.<br /><br /> The number of passengers rose by 13 percent; the company expects to have carried 105 million by the end of this financial year.<br /><br /> Ryanair said bad weather in northern Europe and the strong pound had encouraged people to travel.<br /><br /> Chief Executive Michael O’Leary has predicted a possible price war next year.<br /><br /> He puts part of the airline’s recent success down to efforts to reform its image, in part by scrapping some annoying charges and improving customer service.<br /><br /> #Ryanair Half Year Profits Rise 37% to €1,088m; FY Traffic Grows To 105m as Guidance Rises Towards €1,225m https://t.co/YGtjzGij5m— Ryanair (@Ryanair) 2 Novembre 2015<br /><br /> The airline has also benefited from insuring against the cost of fluctuating oil prices. <br /><br /> Mike Ingram from BGC Partners thinks fuel prices have helped most carriers includin

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