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Ryanair reports strong half year profits

Due to record Summer traffic

Ryanair Holdings today (6 Nov.) reported a strong half-year profit of €2.18bn, compared to a prior year H1 PAT of €1.37bn, thanks to a strong Easter in Q1, record summer traffic and higher fares which offset significantly higher fuel costs in the half year. H1 highlights:Traffic grew 11% to 105.4m (95% load factor). Rev. per pax +17% (ave. fares +24% & ancil. rev. +3%).three new bases & 194 new route...

red/f - 1254700

AVIONEWS - World Aeronautical Press Agency