AOL.com Video - Daily Digit: Ryanair's Profit Forecast Soars

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Daily Digit: Ryanair's Profit Forecast Soars

Description:540 million euros is today's daily digit - it's low-cost airline Ryanair's profit forecast for the year to March. The carrier's outlook has soared after reporting better-than-expected profit for the last three months of 2012. Europe's top low-cost airline has used its size to undercut struggling carriers. And it's benefitted from strong demand in Northern Europe, which lifted average fares dramatically. (1:09)

Source: Reuters

Tags: reuters , aer lingus , European Union , ryanair