Ryanair sees record annual profit, first regular dividend as fares soar
© Reuters. A Ryanair plane prepares to land at Manchester Airport in Manchester northern England, March 31, 2016. REUTERS/Phil Noble/File Photo
The low-cost pioneer earned 2.18 billion euros in the six months to the end of September, the first half of its financial year, 59% ahead of its previous record for the period, set last year. "The board ... also believes now is an opportune time to declare an ordinary dividend policy," he added. While the airline has in the past paid special dividends, it has always avoided promising a regular payout.
"It's a strong vote of confidence in the company," Chief Financial Officer Neil Sorahan said in an interview.
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