Warning of the week: Ryanair's bag fee rise

The no-frills airline will be increasing some of its charges by up to 150 per cent next summer

The Irish airline Ryanair said it would pursue Aer Lingus directors for a breach of company law if the former state carrier refuses again to hold an extraordinary general meeting.

Budget airline easyJet revealed a rise in profits today but warned it will become harder to pass higher fuel prices on to passengers.

Until this week, there was one sure way to get a free cup of tea out of Ryanair: present yourself as a journalist at one of the airline's press conferences. But as the price of aviation fuel soars and the appetite for travel dwindles, the media's hot drinks have been replaced by tap water (still more than you would get on a Ryanair flight).

Passengers on Europe’s biggest airline may soon need to cross their legs – or queue to use one toilet between more than 200 people. Ryanair has dropped its plan to charge passengers for using on-board toilets, but is pressing ahead with proposals to remove two of the three lavatories on each plane and replace them with seats.

The Office of Fair Trading has resumed its investigation into Ryanair's minority stake in its Irish rival Aer Lingus, and said yesterday it expected to reach a decision by the end of next month.

These are worrying times for shareholders in Luminar, the nightclubs operator, which is working on a recovery plan it hopes will appease the banks that agreed to waive its debt covenants earlier this year. A surprise change of auditor this week added to nervousness about the firm and now it has had to warn investors that they may be targeted by fraudsters. "It has come to our attention that some of our shareholders have received unsolicited phone calls from 'companies' offering to buy their shares for substantially more than current market value," Luminar warns. Don't take the bait, it warns – it's a classic boiler-room scam.

A passenger suffering a cardiac arrest on board a Ryanair flight was treated by cabin crew with a sandwich and a soft drink, which they later charged him for.

Ryanair fell short of market expectations with its quarterly profits yesterday, as soaring fuel costs offset rising passengers numbers and revenues.