Irish low-cost carrier Ryanair posts net profit €1,428 million in its last financial year (until 31 March), compared to a loss of 355 million euros in the same period of the previous year.
The Dublin-based company announced today that air traffic grew “strong” It grew 74% annually to 168.6 million passengers and saw a significant increase in revenue thanks to significant gains in its three main markets: Italy, Spain and the United Kingdom.
in this context, total invoice Ryanair reached EUR 10,780 million, an increase of 124% between the two periods, while ancillary revenues increased by 78% to EUR 3,844 million, with an average cost per passenger of EUR 23 for services such as priority boarding, on-board consumption or flight reservation. Seats.
The leading airline company in Europe in the economic flight sector, drawing attention to the fact that the increase in profit was due to the “advantageous” fuel policy, took 85% of its needs this year in advance. $89 per barrel.
Likewise, Ryanair has opened five new bases of operations by last March and 300 additional routes The announcement to purchase up to 300 Boeing 737 MAX aircraft, together with the largest order in its history, led the continent to set a target of 300 million passengers per year for fiscal 2034.
Regarding global invoicing, the company 2,364 million eurosThe Spaniards followed with 98% more, with €1,883 million and the British at €1,589 million, representing increases of 115% and 99% respectively.
“Our increased unit cost advantage over all competitors, fuel coverage, strong balance sheet and very low cost aircraft order book and proven operational resilience creates tremendous growth opportunities for Ryanair in the years ahead,” the note said. CEO, Michael O’Leary.
Although the executive estimates that passenger traffic for this year could rise to 185 million per year, “recent delays“Delivery of new aircraft by the US manufacturer may “slightly” lower this growth target.
O’Leary, the airline’s “cautiously optimistic” with respect to the current fiscal year’s revenue, although he is confident that they will “grow up enough” to meet the fuel bill and “provide a modest increase in profits”.
“This forecast remains largely dependent on our avoidance. negative events Like the war in Ukraine or additional and repeated delays in Boeing deliveries in fiscal 2024,” added the CEO.
Source: Informacion
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