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Europe's largest discount airline Ryanair Holdings PLC announced Friday passenger traffic increased by 21 percent. The airline carried more than 4.7 million passengers in July compared with about 3.9 million in July 2006, the company said in a statement. July 31 (Bloomberg) -- Ryanair Holdings Plc, Europe's biggest discount airline, increased its full-year earnings forecast because of a plan to cut flights at London's Stansted airport, and said earnings rose 20 percent in the first quarter. July 31 (Bloomberg) -- Ryanair Holdings Plc, Europe's biggest discount airline, doubled its forecast for full-year earnings growth as the carrier slashed flights at London's Stansted airport to increase prices and reduce costs. July 31 (Bloomberg) -- Ryanair Holdings Plc, Europe's biggest discount airline, doubled its full-year earnings forecast because of planned capacity cuts at London's Stansted airport, and said earnings rose 20 percent in the first-quarter. 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