Ryanair's Profit is Up in the Second Quarter.

Ryanair CEO Michael O'Leary stated in an interview with Bloomberg that the after-tax profit for the second quarter was recorded at 1.72 billion dollars. This figure was 1.43 billion dollars in the same period last year.

The Dublin-based low-cost airline expects to exceed its passenger growth target by the end of the year. This is attributed to the advance orders of aircraft from Boeing Co. and the continued strong travel demand.