The low-cost airline Ryanair made a profit of around 202 million euros in the third quarter of the current financial year. This exceeded the forecast by around two million euros.

In the same period of the previous year, the company was in the red with around 96 million euros. CEO Michael O'Leary said on Monday that for the current financial year, which ends at the end of March 2023, he expects a surplus of between 1,325 and 1,425 billion euros, adjusted for special effects. This would put the carrier back in the black.

During the reporting period, Ryanair Group had 38,4 million passengers on board. Compared to the third quarter of the previous period, it increased by 24 percent. Increased average yields meant that sales increased by 57 percent to 2,3 billion euros. According to company information, you could take in 14 percent more than before the corona pandemic.

Michael O'Leary assumes that by the end of the current financial year it will have carried around 168 million passengers. All announcements are subject to the proviso that business is not negatively impacted by external factors.