Ryanair said it has reaped strong traffic growth after a summer when the airline’s fares were down 5% and passenger numbers passed 20 million a month.
Shares in Europe’s biggest carrier rose on Tuesday, after the group chief executive, Michael O’Leary, revised previous gloomier predictions of a double-digit drop in peak-season fare income, although he said the dent in revenues would probably last until spring 2025.