Stock Market News
Ryanair traffic grows 5% in February, load factor steady at 95%
Budget airline Ryanair announced a 5% rise in February traffic on Monday, as the load factor held steady.
Traffic rose to 8.6m last month from 8.2m in February last year, while the load factor - which gauges how full the plane is - was unchanged at 95%. On a rolling annual basis, traffic grew 9% to 130m customers.
Chief marketing officer Kenny Jacobs attributed the rise in traffic to the airline's lower fares.
"Ryanair customers can look forward to more low fares and an improved customer experience in 2018 as we roll out more AGB improvements, so we urge all customers who wish to book their summer 2018 holidays to do so now on the Ryanair.com website or mobile app," he said.
Last month, the company reported a 6% jump in third-quarter pre-tax profit to 126m, while total operating revenues rose 4% to 1.4bn.
Traffic rose to 8.6m last month from 8.2m in February last year, while the load factor - which gauges how full the plane is - was unchanged at 95%. On a rolling annual basis, traffic grew 9% to 130m customers.
Chief marketing officer Kenny Jacobs attributed the rise in traffic to the airline's lower fares.
"Ryanair customers can look forward to more low fares and an improved customer experience in 2018 as we roll out more AGB improvements, so we urge all customers who wish to book their summer 2018 holidays to do so now on the Ryanair.com website or mobile app," he said.
Last month, the company reported a 6% jump in third-quarter pre-tax profit to 126m, while total operating revenues rose 4% to 1.4bn.
Related share prices |
---|
Ryanair Holdings (RYA) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price