Ryanair Holdings PLC RYAAY posted a net profit in the third quarter and lifted its outlook.
Ryanair posted a quarterly profit of EUR49 million, versus a year-ago loss of EUR35 million.
Its sales climbed 17% to EUR1.1 billion.
Load factor widened to 88% from 82%, while traffic rose 14%.
For the 12 months to 31 March 2015, Ryanair now expects a profit of €840 million to 850 million, versus its earlier forecast of €810 million to €830 million.
The company also announced its plans to launch a EUR400 million ($451 million) share buyback program.
Ryanair shares rose 1.20% to $66.77 in after-hours trading.
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