Edition: International | Greek
MENU

Home » Business

Ryanair wary despite profits rise

By: EBR - Posted: Monday, November 7, 2005

Ryanair wary despite profits rise
Ryanair wary despite profits rise

Budget airline Ryanair has reported a 18% jump in half-year profits but said it remained cautious about its prospects in the coming winter season.

The Dublin-based carrier said its net profits rose to a record 237m euros (£160m; $280m) in the six months to the end of September.
Ryanair's half-year results topped analysts' expectations.
But boss Michael O'Leary said: "We... remain cautious in our outlook for the remainder of the fiscal year."
The winter season is traditionally a quieter time for many airlines.

Fuel surcharge
Ryanair said its fuel costs had more than doubled during the six months to 30 September. It added that it expected costs to remain high "for some time".
But the airline said its decision not to impose a fuel surcharge on customers had helped it increase the number of passengers it carried during the period by almost 30% to 18 million.
Ryanair announced it was planning to allow its passengers to gamble during flights.
The company said the move could eventually do away with the need to charge air fares.

READ ALSO

EU Actually

Far-left and far-right gains throw French mainstream parties into a quandary

N. Peter KramerBy: N. Peter Kramer

In many big towns and cities, Socialists and centre-right Republicans are tempted to make electoral pacts on their outside flanks to beat the opposition in next Sunday’s run off of the French mayoral elections.

Europe

Russia’s Imperial Retreat Is Europe’s Strategic Opportunity

Russia’s Imperial Retreat Is Europe’s Strategic Opportunity

The war in Ukraine is costing Russia its leverage overseas. Across the South Caucasus and Middle East, this presents an opportunity for Europe to pick up the pieces and claim its own sphere of influence.

Business

EU risks losing US soy imports under deforestation rules, Washington warns

EU risks losing US soy imports under deforestation rules, Washington warns

The regulation would make the bloc less attractive for American exporters, a senior USDA official said

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron