Ryanair reports record €1.9bn profit as Amber Rudd joins board

Budget airline says summer ticket prices will be lower than expected

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Ryanair has reported record annual profits of €1.9bn (£1.6bn) as the Irish airline announced the appointment of former UK home secretary Amber Rudd to its board and said summer fares would be lower than previously expected.

Profits after tax increased by more than a third in the year to the end of March compared with the previous year as the number of passengers increased by 9% to 184 million – 23% above the heights reached before the pandemic.