Ryanair reports strong half year profits of €2.18bn 

Following a strong Easter, “record summer traffic” and higher fares, Ryanair has reported a strong half-year profit of €2.18bn, compared to a prior year H1 PAT of €1.37bn.  For the first half of the year, Ryanair’s scheduled revenues increased 37% to €6.1bn. Traffic grew 11% to 105.4 million passengers, with an average load factor of 95%, while average fares rose 24% to c.€58 due to a strong Easter and record summer demand, says the airline.   Ryanair reports that ancillary revenue increased 14% to €2.5bn, which is circa €23.70 per passenger, which bumped up total revenue by 30% to €8.6bn.  Total