Budget airline Ryanair has reported record profits as fare rises helped to offset a sharp rise in fuel costs.
Net profit for the year to March was 503m euros ($643m; £406m), up 25% on a year earlier. Revenue rose by 19% to 4.3bn euros.
The airline said traffic grew by 5% while fares rose by 16% on average, which helped to overcome a 30% rise in fuel costs.
It also criticised the UK government's decision to raise air passenger duty.
Source & Image : BBC
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