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Ryanair to continue pivoting growth away from the UK

Air
Jennifer Morris
30 May 2017

Ryanair will continue to pivot its growth away from the UK as Brexit approaches, it has confirmed.

Transatlantic battle

In its full-year financial results, released today (Tuesday), Ryanair reported a 6% increase in full-year net profit to €1.316 billion.

The airline said that the combination of a 13% cut in average fares, coupled with Year 3 of its “Always Getting Better” (AGB) programme delivered 13% traffic growth to 120 million customers, and a 94% load factor.