Stock Market

In June, Ryanair had its busiest month ever, with a load factor of 95%.

(Reuters)-Dublin- Ryanair had its biggest month ever in June, flying 15.9 million passengers, up from 5.3 million a year ago and breaking a previous record set in May.

Its load factor, which gauges how well an airline fills available seats, surpassed 95% for the first time since the COVID-19 pandemic began.

The Irish airline, Europe’s largest by passenger numbers, claimed it carried over 88,500 people in June, up from 92 percent a month earlier when it flew 15.4 million.

Ryanair’s load factor was at least 96 percent a month before the pandemic, and it reached 97 percent in June 2019.

The low-cost carrier intends to carry 15% more passengers this summer than in the same season last year, and will carry a record 165 million passengers in the fiscal year ending March 2023.

It handled just under 100 million passengers in the fiscal year ending March 2022, with a pre-COVID high of 149 million.

Ryanair stated last week that a first wave of strikes by cabin crew unions in Belgium, Spain, Portugal, France, and Italy affected fewer than 2% of its flights.

It also said on Saturday that the 12 more strike days planned by some Spanish cabin staff for later this month should cause “little (if any) trouble.”

Related Articles

Leave a Reply

Your email address will not be published.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

Back to top button