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Ryanair raises passenger growth forecasts and sees 7% profit increase

Air
Jennifer Morris
7 November 2016

Ryanair has reported a 7% increase in profits to €1.17 billion for its first half.

ryanair fleet

The low-cost carrier also delivered 12% traffic growth to 65 million customers and a 2% jump in load factor to 95%.

Ryanair also claimed average fares fell 10% to €50.  

The long term traffic forecast has been raised by more than 10% from 180 million to more than 200 million annual customers by March 2024.