Christmas Boost Sees Ryanair's Traffic Rise

Written By Unknown on Senin, 28 Januari 2013 | 14.47

Ryanair has reported a 3% rise in traffic in the third quarter as strong pre-Christmas bookings boosted its profit.

The airline's average fares were up more than expected - by 8% over the period - leading the company to increase its full-year profit forecast.

Its profit after tax in the third quarter was up by over 20% to 18.1m euros (£15.4m), and it expects full year profits to be over 540m euros (£461m) - up from an earlier estimate of 520m euros (£444m) at most.

The airline carried a total of 17.3 million passengers over the third quarter - but is predicting that in the fourth, passenger numbers will fall as a result of higher fuel costs and airport fares.

Chief executive Michael O'Leary said: "Our Q3 profit 

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