Ryanair summer loss shrinks to £40m – but passenger numbers less than half of pre-pandemic levels
3 years, 1 month ago

Ryanair summer loss shrinks to £40m – but passenger numbers less than half of pre-pandemic levels

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The load factor – the percentage of seats filled – average 79 per cent over the summer, compared with 96 per cent two years ago. “In recent weeks, we have seen a surge in bookings for the October mid-term and Christmas breaks and we expect this peak buoyancy to continue into Easter and summer 2022.” He also attacked governments of other nations, saying: “The tsunami of state aid from EU governments to their insolvent flag carriers – Alitalia, Air France/KLM, Iberia, LOT, Lufthansa, SAS, TAP and others – will distort EU competition and prop up high cost, inefficient, flag carriers for many years.” As the Glasgow climate summit got under way, Mr O’Leary claimed: “Every passenger that switches to Ryanair from legacy airlines reduces their CO₂ emissions by up to 50 per cent per flight.” He said the Boeing 737 Max, for which Ryanair is the biggest customer in Europe, offers 4 per cent more seats, but consumes one-sixth less fuel. “These initiatives will help Ryanair achieve our target of cutting CO2 per passenger/km by 10 per cent to just 60 grams by 2030,” the chief executive said. Separately, Ryanair released its traffic figures for October 2021, which saw a rise in the load factor to 84 per cent – meaning an average of 30 empty seats on a Boeing 737-800 aircraft.

History of this topic

Ryanair price falls easing after summer of declining ticket costs for passengers
1 month, 2 weeks ago
Ryanair reports 10% drop in average fares amid consumer ‘spending pressure’
1 month, 2 weeks ago
Ryanair to cut flights by 10% from major UK airports as boss calls Budget air tax rise ‘idiotic’
1 month, 2 weeks ago
Ryanair ‘worried for UK’ as it tells airports to slash fees or lose flights
1 month, 3 weeks ago
Ryanair says air fares will keep falling through winter
3 months, 3 weeks ago
Still hoping for a last-minute summer getaway? How holidaymakers can fly to ten popular European destinations for less than £200 each on average - after Ryanair announced it was slashing prices due to
5 months ago
Ryanair issues air fare warning as profits drop
5 months ago
Ryanair has just recorded its busiest ever month
5 months, 3 weeks ago
Ryanair flies high with record profits – and a big hike in fares
1 year, 1 month ago
Germany on cusp of recession despite Olaf Scholz saying country will avoid one
1 year, 10 months ago
Ryanair cuts losses by two-thirds – but still lost £10 per second for a year
2 years, 7 months ago
Expect a June summer holiday, says Ryanair boss
3 years, 9 months ago
Air fares soar as UK airlines seek to staunch losses
3 years, 10 months ago
Ryanair Cuts Full-Year Traffic Forecast from 35 to 26 Million for 2021 Due to Covid-19 Pandemic
3 years, 11 months ago
Ryanair cuts September, October capacity by 20% on weak bookings
4 years, 4 months ago
Ryanair to Cut September, October Flight Capacity by 20% on Weak Bookings
4 years, 4 months ago

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