Ryanair raises profit forecasts after second quarter profits double

[mhm]

Budget airline Ryanair has raised its annual profit forecast after seeing net income more than double for the three months to June.

Second quarter profit rose to 197m euros (£156m) compared to 78m euros a year earlier, the company said.

Chief financial officer Howard Millar said "We've made a lot of service improvements over the last six or seven months and we're seeing the benefits".
http://www.bbc.co.uk/news/business-28520405

[viking9]

No surprise to me as I said it would a few months ago when the naysayers were forecasting doom and gloom for Ryanair.