Ryanair reports first profitable quarter since the pandemic

Yahoo Finance Live anchor Brad Smith examines Ryanair's latest earnings report, the company’s expectations to boost profit, and future fuel price setbacks.

Video transcript

BRAD SMITH: We're watching shares of Ryanair this morning after the company reported its first profit since the pandemic with average fares of 50%. Europe's largest airline by passenger count also said it expects to boost profit by 10% in the current fiscal year but warned a fuel price setbacks on the horizon.