Ryanair increases its earnings outlook

Ryanair predicted it will reach the upper end of its earnings projection this fiscal year.

The airline expects to transport more passengers, and an overhaul aimed at attracting more business- minded clients is also due to take hold. Profit for the full year will be at the upper end of a guidance of €620m to €650m, Ryanair said in a statement at its AGM.

The outlook depends “heavily” on yields in the second half, according to the carrier.