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Ryanair aims to increase pretax profit to EUR900 million by 2012

11-Sep-2008

Ever optimistic, Ryanair stated it is aiming to increase its pretax profit to approximately EUR900 million by 2012. Figures like that, however, feel a long way off given the pressures the LCC and 29.82% owned Aer Lingus are presently encountering. [2004 words]

Unlock the following content in this report:

Subheadings:

  • Willing to suffer short-term pain for long-term gain
  • Challenging short term outlook
  • Postpones the opening of new Edinburgh base due to Boeing strike action
  • Renews fight for Aer Lingus
  • Announces largest Winter Ski programme; network expansion continues
  • Load factor slips to 90%; passenger numbers up in Aug-08
  • Shaky relationships with airports continues
  • Engages in battle with ‘screen-scraping' websites

Graphs and data:

  • Ryanair profit matrix: Jul-08
  • Major Ryanair fare sales: 04-Jun-08 to 04-Sep-08
  • Ryanair ski destination network: 2008/09
  • New ski routes from the UK/Ireland
  • Ryanair traffic highlights for Aug-08
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