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Ryanair: half year results, profits rise 80%

Rome, Italy - The low-cost carrier unveils to have reduced fares of 17%

The Irish carrier Ryanair has unveiled the results about the half-year. Highlights of the half year included: · Average fares down 17% to €39. · Traffic growth up 15% to 36m pax. · Net profit up 80% to €387m. · Industry leading net profit margin of 22%. · Ancillary revenues grew 8% to 20% of total revenues. · Unit costs down 27% (ex fuel costs down 5%). · 100% web check-in f...

AVIONEWS - World Aeronautical Press Agency - 1110808

AVIONEWS - World Aeronautical Press Agency
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