Ryanair's (RYAAY) H1 profit fell 47% to €214.6M, but its passenger base grew 19% from April to...

|About: Ryanair Holdings PLC (RYAAY)|By:, SA News Editor

Ryanair's (RYAAY) H1 profit fell 47% to €214.6M, but its passenger base grew 19% from April to September and could gain another 9% as travellers switch to low-cost airlines. The firm expects profits to recover if oil remains below $80/barrel.