Ryanair trims profit forecast after online travel agent row

Ryanair has cut its profit expectations for the year to the end of March, after some online travel agents stopped selling its flights. Ryanair said it expected an after-tax profit of up to €1.95bn, down from its forecast of up to €2.05bn in November. Europe's largest airline by passenger numbers blamed the fall in its profit predictions on a move which saw online travel agents remove the airline from their listings in early December. Ryanair said it expected an after-tax profit of between €1.85bn and €1.95bn for the year to the end of March, lower than a forecast of between €1.85bn and €2.05bn it made in November. The airline said passenger numbers rose 11% to a record 105.4 million in the six months to September, despite average fares rising by 24%. Its chief financial officer Neil Sorahan told Reuters news agency on Monday that the impact of being removed from some online agents' sites would be temporary and was already beginning to "Fizzle out".

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