Ryanair 6-month profit up 28 pct

AP News
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Posted: Nov 07, 2011 3:11 AM
Ryanair 6-month profit up 28 pct

Budget airline Ryanair has reported a 28 percent increase in profit in the six months ending Sept. 30 as the company extracted more revenue per passenger.

The net profit of euro543.5 million compared to euro424 million in the comparable period a year ago.

The Irish-based airline said Monday that revenue was up 24 percent to euro2.7 billion, while passenger numbers rose 12 percent to 44.7 million.