Ryanair surprised once again by its strong ability for resilience even in a difficult environment (specifically following the Brexit vote) when average fares strongly declined (-13%). It confirmed its capacity to reduce even further its operating costs (though low oil prices helped quite a lot) while increasing its load factor to an industry leading 94% and its number of passenger to 120m, while it expects 130m for next year. Capacity is not expected to grow quickly enough for Ryanair as it i
31 May 2017
Strongly resilient and now loaded with international and connected spirit
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Strongly resilient and now loaded with international and connected spirit
Ryanair Holdings Plc (0RYA:LON) | 1,776 301.9 1.0% | Mkt Cap: 20,247m
- Published:
31 May 2017 -
Author:
Marc Laubel -
Pages:
3
Ryanair surprised once again by its strong ability for resilience even in a difficult environment (specifically following the Brexit vote) when average fares strongly declined (-13%). It confirmed its capacity to reduce even further its operating costs (though low oil prices helped quite a lot) while increasing its load factor to an industry leading 94% and its number of passenger to 120m, while it expects 130m for next year. Capacity is not expected to grow quickly enough for Ryanair as it i