Ryanair Beats Forecasts Again as Annual Profits Rise 66 Pct

May 26, 2015 6:18 AM

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Europe's leading budget airline Ryanair has beaten forecasts again, reporting full-year net profits of 867 million euros ($949 million), 66 percent higher than the year before.

The Dublin-based airline says it filled 88 percent of its seats, up 5 points, in the fiscal year ending in March. Sales rose 12 percent to 5.65 billion euros ($6.2 billion) chiefly because of relentless route expansion combined with the impact of the airline's 2014 decision to improve customer servi...

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