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Ryanair has reported a surge in fares – as a record number of passengers flew with the airline over the summer.

Compared to a year ago, the average fare rose by 24% to €58 (£50.27), Ryanair reported in its results for the first half of the 2023/24 financial year.

Michael O’Leary, the low-cost airline’s chief executive, said earlier this year fares were unlikely to increase more than 20%, with a rise of between 10% and 15% likely.

Ryanair recorded a total revenue of €8.58bn (£7.43bn) in the six months to the end of September.

At the same time, passenger numbers reached more than 105 million across the half year due to a “strong” Easter and record summer demand.

In the next 10 years, Ryanair – Europe’s largest airline by passenger numbers – aims to grow passenger numbers to 300 million a year.

Before then, latest company forecasts are for record profits by the end of this financial year in March.

Ryanair on Monday said it expects an after-tax profit between €1.85bn (£1.6bn) and €2.05bn (£1.77bn), far above the previous record of €1.45bn (£1.25bn) in 2018.

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Moment Ryanair chief executive is hit with cake

Profits after tax are already 59% up on the same period a year ago, at €2.18bn (£1.88bn) for the six months up to September.

As a result, for the first time ever Ryanair is paying dividends to its shareholders. Investors are in line to receive €0.35 (£0.30) per share, part of an overall pay out of €400m (£346.6m) to be issued in February and September next year.

Despite the rude financial health of the Irish-based airline, concern was expressed at the delivery of key aircraft and broader economic conditions.

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Ryanair had confirmed a deal for 300 new planes with Boeing, which it said was a record US order by an Irish company.

But the company said it was concerned that up to 10 of 57 deliveries before summer next year may be delayed until the following winter.

The Boeing deal involved an initial order of 150 of the 737 MAX 10 aircraft, with an option for a further 150 for delivery between 2027 to 2033.

The broader economic environment of high inflation and interest rates was reflected in Ryanair identifying the “risk of weaker consumer” spending over the coming months.

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Trump has ‘heated phone call’ with Netanyahu over strike targeting Hamas in Qatar

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Trump has 'heated phone call' with Netanyahu over strike targeting Hamas in Qatar

Donald Trump had a heated phone call with Israeli Prime Minister Benjamin Netanyahu after his military targeted Hamas inside Qatar, according to a report.

The American president told Mr Netanyahu on Tuesday that the decision to strike inside the US ally’s territory was not wise, The Wall Street Journal reported, citing senior administration officials.

The Israeli prime minister responded by saying he had a brief window to launch the airstrike and took the opportunity, according to the newspaper.

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Anger over Israeli strikes on Qatar

A second call between the two leaders later that day was cordial, with Mr Trump asking Mr Netanyahu if the attack had been successful, the publication added.

Israel attempted to kill the political leaders of the Islamist group Hamas with the attack in the Qatari capital Doha on Tuesday.

Hamas has said its top leaders survived the airstrike, but five members were killed, including the son of its exiled Gaza chief and top negotiator Khalil al Hayya.

The Israeli military operation in Doha has been widely condemned internationally and was particularly sensitive as Qatar has been hosting and mediating in negotiations which are trying to bring about a ceasefire in the war in Gaza.

On Wednesday, Mr Netanyahu warned Qatar to either expel Hamas officials or “bring them to justice. Because if you don’t, we will”.

Qatar has hit back at him, saying his comments about the Gulf nation hosting a Hamas office were “reckless”.

Donald Trump with Benjamin Netanyahu at the White House earlier this year. Pic: Reuters
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Donald Trump with Benjamin Netanyahu at the White House earlier this year. Pic: Reuters

Meanwhile, the Israeli ambassador to the US, Yechiel Leiter, has said that if Israel failed to kill Hamas leaders on Tuesday, it would succeed next time.

“We have put terrorists on notice, wherever they may be… we’re going to pursue them, and we’re going to destroy those who will destroy us,” he said.

The airstrike took place shortly after Hamas claimed responsibility for Monday’s shooting at a bus stop on the outskirts of Jerusalem that killed six people.

Read more:
Analysis: Israel has crossed a huge diplomatic red line

In another development, Sir Keir Starmer has had talks with Israeli President Isaac Herzog in Downing Street, with Mr Herzog saying they argued during a “tough meeting”.

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PM meets Israeli president

PM condemns Israeli action

The prime minister has condemned the Israeli attack in Qatar, and raised the matter with the president, saying it was “completely unacceptable”.

“He said the strikes were a flagrant violation of a key partner’s sovereignty and do nothing to secure the peace we all desperately want to see,” a Downing Street spokesperson said.

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Israel has been angered by Britain’s plans to join several other Western countries, including France and Canada, in recognising a Palestinian state later this month – unless Israel meets conditions including a ceasefire in Gaza.

“Things were said that were tough and strong, and clearly we can argue, because when allies meet, they can argue. We are both democracies,” Mr Herzog said at an event at Chatham House.

He also proposed offering a “fact-finding mission” to Israel, “sitting with us and studying the situation in Gaza on the humanitarian level”.

“Because we have full answers, and we are fully transparent,” he said.

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Drones and salami: How Putin is testing the West with Poland airspace violation

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Drones and salami: How Putin is testing the West with Poland airspace violation

The unprecedented Russian drone attacks on Poland are both a test and a warning.  How Europe and NATO respond could be crucial to security on this continent.

The Russians are past masters at what’s called “salami slicing”. Tactics that use a series of smaller actions to produce a much bigger outcome that otherwise would have been far more provocative.

The Kremlin is probing the West with gradual but steady escalation. A British Council building and an EU installation are bombed in Kyiv; a senior EU official’s plane’s GPS is jammed.

On their own each provocation produces nothing more than rhetoric from the West – but new lines are crossed and Russia is emboldened.

Ukraine war latest: NATO chief sends message to Putin

Vladimir Putin has a history of testing the West. Pic: Sputnik/Alexei Druzhinin/Kremlin via Reuters
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Vladimir Putin has a history of testing the West. Pic: Sputnik/Alexei Druzhinin/Kremlin via Reuters

Putin is good at this.

He used salami slicing tactics masterfully in 2014 with his “little green men” invasion of Crimea, a range of ambiguous military and diplomatic tactics to take control. The West’s confused delay in responding sealed Crimea’s fate.

He has just taken a larger slice of salami with his drone attacks on Poland.

A drone found in a field in Mniszkow, eastern Poland
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A drone found in a field in Mniszkow, eastern Poland


They are of course a test of NATO’s readiness to deploy its Article 5 obligations. Russia has attacked a member state, allies believe deliberately.

Will NATO trigger the all for one, one for all mechanism in Poland’s defence and attack Russia? Not very likely.

But failing to respond projects weakness. Putin will see the results of his test and plot the next one.

Expect lots of talk of sanctions but remember they failed to avert this invasion and have failed to persuade Russia to reverse it. The only sanctions likely to bite are the ones the US president refuses to approve, on Russia’s oil trade.

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Russia’s Poland incursion represents ‘new chapter’ in Ukraine war, expert says

So how are the drones also a warning? Well, they pose a question.

Vladimir Putin is asking the West if it really wants to become more involved in this conflict with its own forces. Europeans are considering putting boots on the ground inside Ukraine after any potential ceasefire.

If this latest attack is awkward and complicated and hard to respond to now, what happens if Russia uses hybrid tactics then?

Deniable, ambiguous methods that the Russians excel in could make life very difficult for the alliance if it is embroiled in Ukraine.

Think twice before committing your troops there, Russia is warning the West.

Read more:
The pivotal question for NATO
Trump ready to move to second stage of Russia sanctions

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There is more Europe could do.

It could stop buying Russian energy, which it is still astonishingly importing – more than 20 billion euros a year at the last count.

It could use its massive economic advantage (20 times that of Russia’s, and that was before the war) to do more to fund Ukraine’s defence.

While it continues to do neither, expect more excruciating slices of the salami to come.

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Riot police clash with ‘Block Everything’ protesters in Paris

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Riot police clash with 'Block Everything' protesters in Paris

Riot police have clashed with protesters in Paris after they took to the streets in response to calls to ‘Block Everything’ over discontent with the French government.

Tens of thousands of people have taken to the streets of the French capital and other cities, including Marseille and Montpellier, in response to the online ‘Bloquons Tout’ campaign, which is urging people to strike, block roads, and other public services.

The government has deployed more than 80,000 officers to respond to the unrest, which has seen 200 arrested nationwide so far, according to police, and comes on the same day the new prime minister is being sworn in.

Demonstrators were seen rolling bins into the middle of roads to stop cars, while police rushed to remove the makeshift blockades as quickly as possible.

Tear gas was used by police outside Paris‘s Gare du Nord train station, where around 1,000 gathered, clutching signs declaring Wednesday a public holiday.

Others in the city blocked the entrance to a high school where firefighters were forced to remove burnt objects from a barricade.

Riot police with shields face off with protesters in Paris. Pic: Reuters
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Riot police with shields face off with protesters in Paris. Pic: Reuters

Protesters block the streets in Paris on Wednesday. Pic: AP
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Protesters block the streets in Paris on Wednesday. Pic: AP

"Block Everything" blockade a street in Paris. Pic: Reuters
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“Block Everything” blockade a street in Paris. Pic: Reuters

A protester raises a red flare outside Paris's Gare du Nord train station. Pic: Reuters
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A protester raises a red flare outside Paris’s Gare du Nord train station. Pic: Reuters

Elsewhere in the country, traffic disruptions were reported on major roads in Marseille, Montpellier, Nantes, and Lyon.

Interior Minister Bruno Retailleau told reporters a group of protesters had torched a bus in the Breton city of Rennes.

Read more
France’s economic crisis explained

Protesters fill the streets and block tram lines in Montpellier, southern France. Pic: Reuters
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Protesters fill the streets and block tram lines in Montpellier, southern France. Pic: Reuters

A protester in Montpellier waves a lit flare. Pic: Reuters
Image:
A protester in Montpellier waves a lit flare. Pic: Reuters

Protesters hold a sign that reads: '10 September public holiday!!' in Paris. Pic: Reuters
Image:
Protesters hold a sign that reads: ’10 September public holiday!!’ in Paris. Pic: Reuters

Fourth prime minister in a year

The ‘Block Everything’ rallies come amid spiralling national debt and are similar to the Yellow Vest movement that broke out over tax increases during President Emmanuel Macron’s first term.

‘Bloquons tout’ was first spearheaded online by right-wing groups in May but has since been embraced by the left and far left, experts say.

On Monday, former Prime Minister Francois Bayrou lost a vote of no confidence, and was replaced by Sebastien Lecornu at the Hotel Matignon on Wednesday afternoon, becoming the fourth person in the job in just 12 months.

French outgoing Prime Minister Francois Bayrou (left) with his replacement Sebastien Lecornu at Paris's Hotel Matignon. Pic: Reuters
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French outgoing Prime Minister Francois Bayrou (left) with his replacement Sebastien Lecornu at Paris’s Hotel Matignon. Pic: Reuters

Crowds of protesters outside Gare du Nord in Paris. Pic: Reuters
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Crowds of protesters outside Gare du Nord in Paris. Pic: Reuters

'Block Everything' protesters outside Paris's Gare du Nord on Wednesday. Pic: Reuters
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‘Block Everything’ protesters outside Paris’s Gare du Nord on Wednesday. Pic: Reuters

A teacher, Christophe Lalande, taking part in the Paris protests, told reporters at the scene: “Bayrou was ousted, [now] his policies must be eliminated.”

Elsewhere, union member Amar Lagha said: “This day is a message to all the workers of this country: that there is no resignation, the fight continues, and a message to this government that we won’t back down, and if we have to die, we’ll die standing.”

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