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Q3 profit falls 8% to €95m: Fares decline by 17% while traffic grows 16%
EX-FUEL UNIT COSTS CUT 6% Ryanair, Europe’s No. 1 airline, today (6 Feb) reported that Q3 profits fell 8% to €95m, as average fares fell by 17% to just €33 per passenger, while traffic grew 16% to 29m customers. Q3 unit costs were cut by 12% (ex-fuel unit costs were down 6%). Ryanair’s CEO Michael O’Leary said: “As previously guided, our fares this winter have fallen sharply as Ryanair continues to grow traffic … more
Jan Traffic Grows 17% To 8.77m Customers
LOAD FACTOR RISES 2% TO 90% ON LOWER FARES Ryanair, Europe’s favourite airline, today (3 Feb) released January traffic statistics as follows: Traffic grew 17% to 8.77m customers. Load factor rose 2% points to 90% … more
New London Stansted Route To Lorient
Ryanair, Europe’s No.1 airline, today (2 Feb) announced a new summer route from London Stansted to Lorient, with a three times weekly service beginning in July, one of 140London Stansted summer 2017 routes now on … more
Two New Glasgow Routes To Krakow & Madrid
Ryanair, Europe’s No.1 airline, today (1 Feb) launched 2 new Glasgow International routes to Krakow (2 weekly) and Madrid (4 weekly), both beginning in October, as part of its winter 2017 schedule which will go … more