Ryanair Q2 Profit Surges; Sees Adj. Profit In FY23, Lifts Traffic View

Irish ultra low-cost carrier Ryanair Holdings reported Monday a strong growth in second-quarter profit with strong demand and increase in average fares. Looking ahead for fiscal year 2023, Ryanair expects an adjusted profit, and also raised traffic view. For fiscal year 2023, Ryanair expects that it will minimize its winter losses.

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