Despite on Wednesday (November 7) posting half-year (six months to September 30) revenues up 20% to €1.379 billion and profits up 1.2% to €292.2 million, the budget carrier said profit for the year to March 31, 2019, would come in at €270-€300 million, down from the €310-€340 million forecast earlier this year.
The airline said its projected fuel costs for the year had grown to €80 million, half of which it expects to offset through “improved operational performance” and a “relentless focus on costs”.
