Ryanair’s annual profits grow by 10%, but airline is cautious about the next two quarters due to rising oil prices – TheLiberal.ie – Our News, Your Views

Ryanair’s annual profits grow by 10%, but airline is cautious about the next two quarters due to rising oil prices




Budget airline Ryanair has seen its annual profits rise by 10%, but is keeping a cautious outlook about the quarters ahead, due to rising oil prices.

According to figures released by the airline, passenger numbers for the 2017 fiscal year rose by 9% on the previous year, reaching 130.3m people.

Ryanair appears to have overcome the bad publicity caused by massive numbers of cancelled flights in recent times, due to pilot rostering issues.

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