Ryanair Raises Full-Year Net Profit Outlook by 25%

Ryanair Holdings Plc lifted its full-year profit forecast 25 percent, sending shares of Europe’s No. 1 discount carrier up the most in 10 months as it joined EasyJet Plc and Deutsche Lufthansa AG in reporting strong summer sales.

Ryanair rose 9.9 percent in Dublin after saying profit after tax will be between 1.175 billion euros and 1.225 billion euros ($1.32 billion and $1.37 billion) in the 12 months ending March 31. EasyJet, which raised its earnings goal last week, added as much as 3 percent, British Airways parent IAG advanced