News

Ryanair Announces 18% Traffic Growth to 21.3m

Ryanair Announces 18% Traffic Growth to 21.3m

Ryanair today announced a Q1 net profit of €139m, a slight increase of 1% on Q1 last year. Revenues grew by 29% to €1,155.4m as traffic increased 18% and average fares rose 11%. Unit costs rose by 14% due to a 49% increase (€140m) in fuel costs. Excluding fuel, sector length adjusted unit costs fell by 1%. Ancillary sales grew 22% to €248m, 21% of total revenues.

Chief Executive Michael O’Leary said: “We have recently started trials of ‘reserved seating’ for 21 extra legroom seats on selected routes for a fee of €10 per seat. If successful we will roll out reserved seating across more of our network this winter.”

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

Cathay Pacific Wants to Increase Flights from Dublin to Hong Kong

Michael FloodMarch 20, 2019

The ‘Greening’ of the Great Wall of China

Michael FloodMarch 20, 2019

Kerala is God’s Own Country

Ian BloomfieldMarch 20, 2019

Aer Lingus Launches New Service Cork to Dubrovnik

Michael FloodMarch 20, 2019

Atlantic Joint Venture: a Partnership of Air Canada, Lufthansa Group and United Airlines

Ian BloomfieldMarch 19, 2019

Paula Cross Wins Trip for Two to Capital Region USA

Michael FloodMarch 19, 2019

Greek Sympossio Returns to Cooks Academy in Dublin

Ian BloomfieldMarch 19, 2019

Exchanging Travel Deals in London for Asia Pacific

Neil SteedmanMarch 19, 2019

British Airways Unveils New Business Class Seat ‘Club Suite’

Neil SteedmanMarch 19, 2019

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland