2nd Oct 2013 09:48
LONDON (Alliance News) - Ryanair Holdings PLC Wednesday said passenger numbers rose 3% on the year to 8.1 million in September, while it filled more seats on its planes with load factor up 1% to 85%.
It has flown 80.4 million passengers in the 12 months to the end of September, an increase of 2% on the previous 12 months, while its load factor for the period was 82%.
Europe's biggest low-cost carrier had flown 9 million passengers in August, the busiest month for European airlines, claiming to be the first European airline ever to have flown that number.
Ryanair shares were down 1.1% at EUR6.312 in London Wednesday morning.
Ryanair last month cut its profit expectations, citing price competition on routes in the UK, Scandinavia, Spain and Ireland. It said it would react to the increased competition by reducing its own fares and cutting capacity on selected routes this winter.
By Steve McGrath; [email protected]; @SteveMcGrath1
Copyright 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
RYA.L