Ryanair's profits have hit nearly €2.2billion (£1.9b) after a surge in travel prices.
The budget airline will now pay its first ever dividend, handing over about a quarter of its annual profits to shareholders.
The Dublin-based company declared its maiden dividend of €400million £347million.
It comes after a 24% rise in fare prices in the six months to September, meaning the average ticket now costs around €58 (£50).
Passenger numbers have risen by around 11% to around 105million.
However, bosses have warned that a significantly higher fuel bill and delays with deliveries of Boeing aircraft are having adverse effects.
Up to 10 of the 57 Boeing 737 Max planes it had expected by the summer of next year may be delayed until winter next year, Ryanair said.
FTSE 100
The UK's flagship share index, the FTSE100, was up five-points at 7,422 shortly after opening this morning.
Meanwhile, Brent crude futures were up 0.87% at $85.63 a barrel this morning.
Companies reporting today
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