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Ryanair reports load factor slips; but passenger numbers up in Jun-08

14-Jul-2008

Ryanair reported a 19% year-on-year increase in passenger numbers to 5.2 million in Jun-08, due to its expanding route network, although load factor slipped 1 ppts to 84%, following a stable load factor in May-08 and a 4 ppt load factor reduction in Apr-08. [717 words]

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Subheadings:

  • Ryanair and easyJet’s passenger growth significantly higher than European competitors
  • But Ryanair’s load factor lower
  • Exercises options for three B737-800 aircraft
  • Increases holding in Aer Lingus Group
  • Expansion at new Birmingham base; Malta a possible base in the future

Graphs and data:

  • Select European carriers traffic growth (year-on-year change) and passenger load factor (%): Jun-08
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