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What is Ryanair Profit Soars 204% to €319M about?
- Ryanair announced a 204% increase in full year profit to €319 million as traffic grew 14% to 67 million passengers despite fares falling 13%. - The airline proposes paying a one-time €500 million dividend in October, subject to shareholder approval. - For the coming year, Ryanair expects traffic to increase 11% to 73.5 million passengers and profits to rise 10-15% to a range of €350-€375 million, assuming no further disruptions from volcanic ash.
- Author
- imnandini
- Language
- EN