Ryanair shares rose almost 5 per cent to €23.48 after the airline said fares would rise this summer after a year of lower fares saw the budget airline's profits fall 16 per cent. Profit after tax slipped to €1.61 billion from €1.92 billion as passengers paid 7 per cent less on average than in 2024 for their flights. Passenger numbers climbed 9 per cent to a record 200 million, the company said.