Ryanair's annual profit increased 34% to €1.92bn, with demand up 9% to nearly 184 million passengers, offsetting rising fuel costs.
Ryanair's annual profit has jumped by 34% to a record €1.92bn, as higher demand and fares offset rising fuel costs. Demand rose by 9% to nearly 184 million passengers, and Ryanair forecasts it could fly up to 200 million passengers in the current financial year. The airline expressed "cautious optimism" that peak summer fares will be flat to modestly higher compared to last year, despite limited visibility.
May 20, 2024
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