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Ryanair profit forecast boosted by strong festive season

Air
James Chapple
10 January 2020

Ryanair has upgraded its full-year profit forecast following a "stronger than expected" Christmas and New Year travel period.

Unsplash Engine Aircraft Ryanair lucas-davies-jpHDJGqLJrY-unsplash.jpg

(Credit: Lucas Davies / Unsplash)

The budget carrier now expects to post full-year profits in the region of €950 million to €1.05 billion, up from €800-€900 million.


Ryanair said the festive period was "characterised by higher than expected close-in bookings at better than expected yields".


Forward bookings for January through April are running 1% ahead of this time last year, while Ryanair group traffic is expected to grow to 154 million passengers, up from a previously forecast 153 million.