Airline’s profits rise to €452m

RYANAIR has raised its full-year guidance, as net profits increased 17% to €452 million for the six months to the end of September.

Its shares fell almost 4% yesterday to €3.97 as it reported half-year results.

Ancillary revenues, which include onboard spending and baggage charges, rose 22% to almost €220 million, while revenues jumped 23% to €2.2 billion.