Ryanair Raises Forecast Saying Slump Would Play to Strengths

Ryanair Holdings Plc upgraded its full-year profit goal for the second time this year, saying that any slowdown in the European economy could push people in its direction as efforts to attract business passengers pay off.

Europe’s No. 1 discount carrier surged 10 percent after it said earnings for the 12 months to March 31 will be at least 100 million euros ($125 million) higher than anticipated, days after top network rivals Air France-KLM Group and Deutsche Lufthansa AG said sluggish growth would weigh on demand.