DUBLIN ( TheStreet) -- Ryanair ( RYAAY), Europe's largest discount airline, raised its full-year earnings outlook as second-quarter profit jumped 32%. Ryanair earned €330.3 million ($461.5 million) in the second quarter vs. €250.5 million a year earlier. Revenue rose to €1.28 billion from €992.1 million. Ryanair said full-year net profit will exceed the upper end of its previous forecast range and will finish at €380 million to €400 million. It previously expected profit of €350m to €375m. Ryanair said its outlook for rest of the fiscal year "remains cautious as we have little visibility" on fourth-quarter yields. But it did say it anticipates its full-year yield increase to be close to 10%. Ryanair said average fares increased by 12% for the first six months of its fiscal year. Traffic jumped 10%. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com..