Saturday 30 May 2015

Ryanair posts 66% profit rise

RYANAIR has seen profits rise 66 percent for the year to the end of March, reporting net full-year profits of €867 million (£613 million).

The company’s Always Getting Better programme had attracted ‘millions of new customers to Ryanair’ chief executive Michael O’Leary said. Also, falling oil prices reduced operating costs.

Passenger traffic was up 11 percent to 90.6 million for the year.


*The carrier has announced plans to increase flights on its Edinburgh to London service from four to five times daily, as part of its expanded winter 2015 schedule, which also includes two new routes to Frankfurt Hahn and Santander, and extra flights on five routes: Alicante, Krakow, London Stansted, Malaga, and Tenerife.


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Picture Credit: Ryanair pescara 04by Ra Boe - selbst fotografiert DigiCam C2100UZ. Licensed under CC BY-SA 2.5 via Wikimedia Commons

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