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03/08/2004
Ryanair posts record quarterly profits
Dublin-based low cost airline Ryanair has today announced a record €53.1 million profit for the quarter.
For the period ending 30 June, Ryanair reported that passenger volume grew by a record 28% to 6.6 million - boosting total revenues by 23% to €302.8 million.
Ryanair’s Chief Executive, Michael O’Leary, said the results reflected "the continued disciplined roll out of Ryanair’s low fares model".
"Our two new bases at Rome Ciampino and Barcelona Girona have performed particularly well. Ryanair’s strong performance is also reflected in the recent increases in monthly traffic and load factors,” he added.
(GB)
For the period ending 30 June, Ryanair reported that passenger volume grew by a record 28% to 6.6 million - boosting total revenues by 23% to €302.8 million.
Ryanair’s Chief Executive, Michael O’Leary, said the results reflected "the continued disciplined roll out of Ryanair’s low fares model".
"Our two new bases at Rome Ciampino and Barcelona Girona have performed particularly well. Ryanair’s strong performance is also reflected in the recent increases in monthly traffic and load factors,” he added.
(GB)
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Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
