Ryanair aims to carry 200 million pax p/a over next five years

Ryanair chairman David Bonderman outlined (30-Jul-2019) the following highlights from the group's FY2018/2019 financial report:

• Ryanair aims to carry 200 million passengers p/a over the next five years;
• Traffic grew 9% year-on-year to over 142 million passengers;
• Average airfares decreased 6% to EUR37;
• Revenue increased 6% to EUR7.6 billion as ancillary revenue increased by 11% per passenger;
• Ryanair Sun was launched and traded profitably in its first year;
• Ryanair acquired 100% of Laudamotion and proceeded to transformed its fleet and operations;
• Negotiated union agreements in most the airline's key markets;
• Took delivery of 29 Boeing 737s and 16 A320s;
• Took actions to improve on time performance in the midst of ATC disruptions;
• More than EUR560 million returned to shareholders via share buybacks. [more - original PR]