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Ryanair: profit, fares and traffic growth

Dublin, Ireland - Respectively +20%, -1% and 51 million passengers

Ryanair, one of the Europe's biggest low-fares airline, announced yesterday, June 3rd, a 20% increase in full year net profits after tax to a record €481m. Traffic grew by 20% to 51m, average fares (including bag charges) fell by 1% to €44, while revenues grew 21% to €2.714bn. Despite a unit cost increase of 2%, due to higher staff and airport costs, Ryanair delivered an industry leading after tax p...

AVIONEWS - World Aeronautical Press Agency - 1090498

AVIONEWS - World Aeronautical Press Agency
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