Friday 23 August 2019

Flight cancellations fails to dent Ryanair passenger numbers

Ryanair CEO Michael O’Leary Photo: Bloomberg
Ryanair CEO Michael O’Leary Photo: Bloomberg
Ellie Donnelly

Ellie Donnelly

The mass flight cancellations made by Ryanair in September appear to have had little impact on consumers appetite for the low fares airline, with passenger traffic growing 8pc in October to 11.8 million customers.

The rolling annual traffic to October grew 12pc to 128.2 million customers.

Meanwhile the ariline’s load factor in October increased 1pc to 96pc.

"Ryanair's October traffic grew by 8pc to 11.8m customers, while our load factor jumped 1pc to 96pc, on the back of lower fares. These figures include the flight cancellations announced in September," Kenny Jacobs. of Ryanair, said.

Earlier this week shares in the airline soared after it announced that its profit after tax had increased 11pc to €1.29bn in the six months to 30 September.

The increase in profits was driven by an increase in customer numbers, which also increased 11pc year-on-year to 72 million.

Online Editors

Also in Business