Irish budget carrier Ryanair has stepped up its full-year net profit guidance nearly 5% to up to €650 million ($873 million), although it cautioned that fares are expected to decline in the second half. Ryanair increased its full-year traffic guidance at the release of its first-quarter results. The extra 1.5 million passengers will push down unit costs and increase net profits, but it has maintained its original yield guidance. “We now expect full-year traffic to grow by 5% to 86 ...

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