Ryanair lifts profit forecast on higher sales

Good year: A Ryanair aircraft lands at Manchester Airport in Manchester, England. The Irish airline, Europe’s largest by passenger numbers, raised its full-year profit forecast by 25 in early September as lower fuel costs and poor weather in northern Europe boosted ticket sales. — Reuters

DUBLIN: Ryanair has nudged up its annual profit forecast, saying fuller planes would take profits to the upper end of its previously estimated range even as winter competition pressures average ticket prices.

The Irish airline, Europe’s largest by passenger numbers, raised its full-year profit forecast by 25% in early September as lower fuel costs and poor weather in northern Europe boosted ticket sales.