Ryanair, Europe’s largest low-cost carrier, said profit for the quarter ending June 30 was 78m euros (£67m).
In the same period traffic grew 3% to 23.2 million passengers.
The airline saw “ancillary revenues” grow by 25% to 357m euros (£308m) – 27% of total revenues – driven by development of reserved seating, priority boarding, and higher administration and credit card fees.
Ave. fares fell 4% due to the timing of Easter and the impact of the French ATC strikes but revenue per pax. rose 1% due to ancillary growth.
Unit costs rose 4% mainly due to a 6% increase in fuel costs.
Shareholders have recently approved an order for 175 Boeing 737-800 aircraft for delivery over a five year period between Sept 2014 and Dec 2018. This has allowed Ryanair to raise growth targets by 38% to 110m passengers by FY19 (previously 100m) and the fleet to 410 (previously 375).
