Irish low-cost airlines, Ryanair authority on Monday said that the annual net profit of the airlines increased in the last one year ended in March, news agency STT reported quoting AFP.
The net profit of the airlines increased by 1.5 percent to about EUR 570 million during the stipulated 12 months compared to the previous year.
The Airlines authority also expected that the traffic of the company to be grown 3 per cent and the growth would be increased gradually.
The Ryanair authority also decided to increase the aircraft significantly and already ordered 175 new generation Boeings 737-800.
