The low-cost airline Ryanair recorded a 17% increase in the number of passengers carried last year, reaching 101.4 million passengers, up from 86.4 million in 2014.
In the last 2 years, the load factor has increased by 10%, reaching 92%, even though Ryanair increased its capacity by 33% following the expansion of routes and aircraft.
In September, Ryanair revised its annual profit estimates upward by 25%, to 1.175 – 1.225 billion EUR, compared to the previously forecast 940 – 970 million EUR.
In this decade, the Irish operator expects to carry 180 million passengers per year, 20% more than the 2015 estimates of 105 million. The increase follows the success of the image campaign through which the operator wants to show that it is closer to customer needs.
For 2016, the company expects an increase in bookings in its main markets, such as Denmark, Germany, Italy, Poland, Spain, and the United Kingdom.
Source: Economica
Frequently Asked Questions
How many passengers did Ryanair carry in 2015?
Ryanair carried 101.4 million passengers in 2015, marking a 17% increase from the 86.4 million recorded in 2014.
What contributed to Ryanair’s growth in profit estimates?
Ryanair revised its profit estimates upward to over 1.17 billion EUR due to increased capacity and a successful customer-focused image campaign.
Which markets are expected to drive Ryanair’s growth in 2016?
The airline anticipates growth in key markets including Denmark, Germany, Italy, Poland, Spain, and the United Kingdom.