Ryanair: Budget Irish airline reveals quarterly profits more than doubled

Ryanair has revealed quarterly profits more than doubled thanks to strong Easter demand and as air fares surged by over 20%. #ryanair

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:04Ryanair has revealed that quarterly profits more than doubled

00:08thanks to strong Easter demand and as air fares surged by over 20%.

00:14The Budget Irish Airline reported profits after tax of €820 million

00:20for three months at the end of June, up than €360 million a year earlier.

00:25However, it said passenger growth was still being held back by delays to new aircraft deliveries

00:31with a rise of just 3% to 206 million passengers expected over the full year

00:36despite strong summer travel demand.