as it continues to benefit from pent up demand for air travel. europe s largest carrier by passenger numbers also said it expects profits to rise modestly over the next year, and the summer travel season will be busy. the figures are better than industry watchers had expected. we knew they were going to be good but to record these numbers is exceptional so nearly 170 million passengers, that s up 74% on the previous year s. revenue has more than doubled, profit is 1.4 billion, and they re going to pay dividend this year. it s a phenomenal result and shows how quickly this market is turned around. it also shows how fragile the market is for aviation. there is a point where it suddenly flips you become very profitable, ryanair have put in a great set of results that even before the summer, which will be very strong. cheap airfares are a myth and anybody looking for summer holidays will tell you airfares are expensive, particularly in europe because we have not seen a lot of cap
and microsoft both unveiling quarterly report cards beating expectations. shares in alphabet jumping after hours as the company announced that quarterly revenue rose to $69 billion. meanwhile, microsoft a boost in extended trading with quarterly revenue mainly driven by growth in its clad competing businesses. dan ives is senior equity analyst at wentworth securities and says these are welcome news for the tech sector. some sunshine in a dark environment. this reflects the muscles moment for big tech in terms of what we saw from alphabet and microsoft, both on cloud and digital advertising. markets will be focused on these results tomorrow. the hottest thing at the moment appears to be ai, but is google s market share at risk? this was a sigh of relief in terms of what we see on the ai front in terms of bard and ultimately focused on what google is trying to do. there is definitely a game of thrones going on in al. microsoft is leading, but google has all hands on deck des
jinping to bring russia back to the negotiating table over ukraine and as part of his three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor from the sx business school to get his thoughts on mr macron s economic agenda. thoughts on mr macron s economic agenda.- thoughts on mr macron s economic agenda. there were some results. economic agenda. there were some results. and economic agenda. there were some results. and especiallyl some results. and especially another, the second empath assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. , . relationship between china and france. 3 . relationship between china and france. , . ., france. it s a tricky one, isn t it? france. it s a tricky one, isn t it? because - france. it s a tricky one, isn t it? because china l fra
three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor to get his thoughts on mr macron s economic agenda. there were some results. and especially another, the second airbus assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. it s a tricky one, isn t it? because china is obviously such a huge market for france and other european countries but the politics of this cannot be ignored. so how does france balance that relationship bearing in mind the political pressures in play? president macron invited ursula von der leyen to come with him. when we are looking at the different speeches that have been given in beijing, macron is playing the soft part while ursula von der leyen is playing the hard card because she has warned several times china because of the alleged meddling of