Ryanair raise profit forecast

Rise in profits for Ryanair Credit: Rui Vieira/PA Wire/Press Association Images

Ryanair, based at Stansted, has raised its profit forecast after a better-than-expected summer.

They recorded half year profits of 478 million pounds thanks to passenger numbers rising by seven per cent to 48 million in the six months to September, a rise in fares and lower fuel costs.