Irish low-cost airline Ryanair made a net profit of 2,180 million euros in the first half of the fiscal year (April-September), 59% more than in the same period last year when it earned 1,370 million, the company announced.

Ryanair attributes the recovery in profits to the "high performance" achieved during Easter in the first quarter, as well as to passenger traffic in the summer, which registered "record figures", and to the increase in ticket prices, which "offset fuel costs" in the first half of the fiscal year, which will end on March 31, 2024.

Ryanair, Europe's leading economy airline, said in a statement that its revenues rose 30% to 6.16 billion euros in the same period, during which it carried 105.4 million passengers (+11%).

Looking ahead to the end of the current fiscal year, O'Leary indicated that forecasts place next March's gross profit in a range between 1,850 and 2,050 million euros, well above the previous record of 1,450 million euros recorded in 2018.