Ryanair announced a strong half-year profit of 2.18 billion euros on Monday. That is almost 60 percent more than the same period last year, when a profit of 1.37 billion was recorded. According to the Irish low-cost carrier, the good result is due to a strong Easter in the first quarter, a record number of passengers in the summer and higher fares that compensated for significantly higher fuel costs. CEO Michael O’Leary expects a profit of between 1.9 and 2.1 billion euros for the full financial year. According to him, this is highly dependent on unforeseen events, such as the war in Ukraine and Gaza. (Photo Shutterstock).
