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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
New London Stansted Growth Deal Delivers 9 New Routes & Over 20m Ryanair Customers P.A.
Andrew Cowan (Manchester Airports Group) and David O’Brien (Ryanair) announcing a new growth deal at London Stansted Airport. Ryanair, Europe’s No.1 airline, today (12 Jan) announced a new growth deal with Manchester Airports Group (MAG) … more
84% of Flights On-Time In December
Ryanair, Europe’s No 1 airline, today (11 Jan) released its December customer service statistics, which confirm that Ryanair remains Europe’s No 1 customer service airline with: 84% of over 51,000 flights in December arriving … more