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Ryanair Hold. Plc Earnings Release 2017

Mar 3, 2017

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author: "O'Keeffe, Ronan"
date: 2017-03-02 10:51:00+00:00
processing_status: success_python-docx_mammoth


RYANAIR FEB TRAFFIC GROWS 10% TO 8.2M CUSTOMERS

FULL YEAR TRAFFIC TO HIT 120M – UP 13% ON FY16

LOAD FACTOR UP 2% TO 95% ON LOWER FARES

Ryanair, Europe’s favourite airline, today (3 Mar) released February traffic statistics as follows:

  • Traffic grew 10% to 8.2m customers.
  • Load factor rose 2% points to 95%
  • Rolling annual traffic to Feb grew 14% to 119.1m customers.
Feb 16 Feb 17 Change
Customers 7.4M 8.2M +10%
Load Factor 93% 95% +2%

Ryanair’s Kenny Jacobs said:

“Our February traffic grew by 10% to 8.2m customers, while our load factor jumped 2% points to 95%, on the back of lower fares and the continuing success of our “Always Getting Better” customer experience programme.

Ryanair’s lower fares and AGB services are leading to slightly higher than expected load factors in Q4 and accordingly we now expect full year traffic to just about hit 120m, up almost 13% over the 106.4m customers we carried in FY16.”

ENDS

For further information

please contact:

Robin Kiely Piaras Kelly

Ryanair DAC Edelman Ireland

Tel: +353-1-9451949 Tel: +353-1-6789333

[email protected][email protected]