Ryanair rapid growth (more trouble for EU legacy carriers)

FrugalFlyerv2.0

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Oct 29, 2003
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http://www.bbc.com/news/business-34696773
Ryanair expects to have 180 million passengers a year within a decade as its growth plans gain momentum.
That is 20 million higher than the Irish airline's previous target. For 2015, it forecasts 105 million.
The revised figure comes as Ryanair posted a 37% rise in half-yearly pre-tax profit to €1.23bn (£879m), excluding exceptional items.
Passenger numbers rose 13% to 58.1 million and revenue jumped 14% to just over €4bn.
The results covered the six months to 30 September
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Looks like (more) trouble for European legacy carriers.
 
 

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