Ryanair’s H1 19 profit has dropped (for the first time in five years) by 7% yoy to €1.2bn, excluding Laudamotion’s losses. Revenue has increased by +8% yoy to €4.79bn, pushed by strong ancillary revenue growth (+27% to €1.3bn). Ex-fuel units costs were up by +7% yoy, including the 20% pay increase for pilots, pilots/cabin crew training costs and €261m arising from ATC strikes/disruptions. The lower fares (-3% yoy) have also pushed down the profit after tax. The
22 Oct 2018
A future respite for Ryanair ?
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A future respite for Ryanair ?
Ryanair Holdings Plc (0RYA:LON) | 1,797 0 0.0% | Mkt Cap: 20,462m
- Published:
22 Oct 2018 -
Author:
Laura Parisot -
Pages:
3
Ryanair’s H1 19 profit has dropped (for the first time in five years) by 7% yoy to €1.2bn, excluding Laudamotion’s losses. Revenue has increased by +8% yoy to €4.79bn, pushed by strong ancillary revenue growth (+27% to €1.3bn). Ex-fuel units costs were up by +7% yoy, including the 20% pay increase for pilots, pilots/cabin crew training costs and €261m arising from ATC strikes/disruptions. The lower fares (-3% yoy) have also pushed down the profit after tax. The