LONDON, May 20 (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 per cent 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.
The Dublin-based carrier added that demand rose nine per cent to almost 184 million passengers. Revenue jumped a quarter to 13.4 billion euros.
Ryanair annual profit jumps on higher demand
FE Team | Published: May 20, 2024 23:29:31
Ryanair annual profit jumps on higher demand
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