Ryanair has reported a half-year after tax profit of €1.37bn (£1.2bn), compared to a pre- Covid (FY20) H1 profit of  €1.15bn (£1.01bn), due to record Q2 traffic, operational reliability and robust summer fares which in Q2 were 14% up on pre-Covid pricing.

The organisation's CEO, Michael O'Leary offered a full commentary on Ryanair's profits as it pertained to environment, social, performance and growth, and overall outlook in regards to the €1.37bn compared to the airline's performance last year.

Michael O’Leary,Chief Executive Officer, Ryanair, said:

"Our Group airlines delivered an industry leading operations performance and robust post Covid traffic recovery in H1.  This summer we operated at 115% of our pre-Covid capacity, completed over 3,000 daily flights and delivered record traffic across peak S.22, despite unprecedented ATC disruptions and regrettable airport security delays (primarily in Q1)."