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Ryanair: “substantial” jump in profits expected over next 12 months, but yields to decline steeply


Ryanair CEO, Michael O’Leary, forecasts the carrier’s profits will “jump substantially” over the next 12 months. Several other LCCs, including Allegiant and AirTran in the US, are seeing a brighter earnings outlook, while others, including Jetstar, AirAsia and Air Arabia, have reported solid earnings lately. [2952 words]

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  • Sees EUR500 million in fuel cost savings in current financial year
  • Continued growth for Ryanair in Mar-2009
  • Growth to continue with strong Apr-2009 ahead and a possible passenger target upgrade
  • Organic growth not acquisition strategy the plan
  • Another massive fleet order for Ryanair on the horizon, but with Airbus or Boeing?
  • Italy and Spain the current growth markets for Ryanair; Sees Italy overtaking UK as dominant market
  • Move to 100% web check-in to save up to EUR40 million p/a
  • Launches Italian in-flight mobile phone service
  • Push to boost ancillary revenues continues
  • Maintains rage with various government-implemented taxes

Graphs and data:

  • Ryanair share price (GBP) Apr-2008 to Apr-2009
  • Ryanair fuel hedges: as at Dec-2008
  • Ryanair traffic highlights: Mar-2009
  • European carriers' intra-Europe passenger numbers and passenger number growth: Mar-2009
  • Ryanair, easyJet and British Airways passenger traffic growth (% change): Apr-2008 to Mar-2009
  • Evolution of Ryanair's passenger growth forecast (4Q08 to 3Q09 forecasts): FY07 to FY12F
  • Evolution of Ryanair's fleet forecast (4Q08 to 3Q09 forecasts): FY07 to FY12F
  • Ryanair's European bases: 2008
  • Ryanair Pescara Base Details
  • Ryanair new Italian base expansion
  • Ryanair's airport & handling charges as a percentage of total operating expenses: 1Q05 to 1Q09
  • Ryanair ancillary revenue as a portion of total revenue: 1Q05 to 3Q09
  • Ryanair's Rants: Apr-2009
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