News Spain News UK News World News

Ryan Air Expects to Halve Passenger Numbers

Ryan Air anticipates that passenger numbers will be half the traffic target for the second quarter of its financial year.

As the coronavirus pandemic has severely effected the airline industry.

The original aim was to attract 44.6 million passengers on its services, according to its latest trading statement.

Bookings numbers will be hampered by public health restrictions.

And the introduction of temperature checks, plus face coverings for passengers and staff.

Also, there will be an increase of quarantine requirements.

The Budget carrier has said that temperature checks will be mandatory.

Between April and June, the airline revealed it expects to operate a staggering less than 1% of its flight timetable.

Profits Rise to a Billion Euros

More positively for the airline, reported profits climbed to just over 1 billion euros.

This is an increase from 885 million euros last year.

Ryan Air’s traffic grew by 4% reaching 149 million passengers on its flights overall.

The accumulated revenues per passenger also rose by 6% to 57 euros.

This was due to a rise of 2% in fares, and ancillary revenue growth of 16%.

Ryan Air also announced in the statement that it will operate out of five new bases.

And that will lead to an extra 390 routes that it will operate.

State Aid Criticism

The airline also hit out at the level of state aid that has been granted to many of its competitors.

The aid was described as “unlawful” on its statement.

Ryan Air argued that competition across Europe will be distorted by the aid.

Overall the Lufthansa Group was given the biggest hand out of 12.4 billion euros.

In total 30 billion euros of support has been funneled to several other airlines, including Air France-KLM, Alitalia, SAS and Norwegian.


Spread the RTN News!

Leave a Reply

Your email address will not be published. Required fields are marked *