Ryanair (RYA.I) reported six-month post-tax profit above expectations on Monday and nudged up its passenger traffic forecast after earlier than expected Boeing (BA.N) deliveries and strong first-half demand.
The airline, Europe’s largest by passenger numbers, said it cautiously expects to recover all of last year’s 7 per cent average fare decline in its financial year to March 31 but that it would need to stimulate prices “a bit” in November
