Ryanair continues to grow significantly despite external pressures that the CEO Michael O’Leary has been vocal about over the last 4-5 weeks.
The Irish low-cost carrier continues to perform well, both on the monthly side of things as well as on the yearly.
Without further ado, let’s get into it…
Ryanair Continues Significant Growth Plan Despite Challenges…
For the month of September, Ryanair handled 17.4m passengers, which represents an increase of nine per cent compared to the same period last year.
Load factors remain the same at 94% for this particular period, with the Irish low-cost carrier operating over 97,350 flights last month.
For the rolling 12-month period, September 2023’s figures came in at 178.9m, which is an increase of 17% compared to the same period last year.
However, load factors increased four percentage points from 90% to 94%, showing significant improvement in that respect.
September has been a very hectic month for CEO Michael O’Leary, as the growth strategy continues. Just last week, he announced plans to add more Winter routes out of London.
On top of this, he has also been dealing with the effects of the NATS IT failure as well as the Gatwick staff shortages, to which he confirmed in a press conference to AviationSource that the airline would be taking legal action against them.
“It is the most basic requirement to hire and train adequate staff numbers including standby coverage. NATS has been a shambles for years, causing unnecessary disruptions at UK airports including Bristol, Edinburgh and Manchester, and now Gatwick Airport for the past four weeks including the complete system meltdown on Mon 28 Aug, which brought UK aviation to its knees – a mess that has still not been explained.”
Despite all of this however, Ryanair still continues to perform well as the largest low-cost carrier in Europe.
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