Ryanair: FY2017 load factor will be 'similar to last year'

Ryanair announced (23-May-2016) it expects its FY2017 load factor will be "similar to last year (93%)" as it continues to grow traffic by 9% to 116 million. The carrier noted: "Pricing however will be softer, particularly in Q1 and Q4 neither of which have any Easter holiday benefits and capacity additions in Europe are higher than in previous years as hedges competitors enjoy falling oil bills" adding: "Since we continue to be load active/yield passive we expect (with very limited visibility) ave. fares to fall approx. 7% this year (comprising H1 -5% to -7% & H2 -7% to -12%).[more - original PR]