Ryanair increases FY2016 traffic target to 103m, to ground fewer aircraft in winter 2015/2016

Ryanair increased (27-Jul-2015) its FY2016 passenger traffic target from 100 million to 103 million, with the carrier also targeting a load factor of 90%. Ryanair expects passenger traffic to increase 13% in 1HFY2016 and 15% in 2HFY2016. The carrier plans to ground approximately 40 aircraft during the winter 2015/2016 season, a reduction on its groundings in winter 2014/2015. [more - original PR]