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International Business Times
International Business Times
AFP News

Ryanair Annual Profit Jumps On Higher Demand, Fares

The Dublin-based carrier said demand rose nine percent to almost 184 million passengers (Credit: AFP)

Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs.

Profit after tax climbed 34 percent to the equivalent of $2.1 billion in the 12 months to the end of March for the airline that flies mostly across Europe, Ryanair said in an earnings statement.

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