On Friday, June 2, Europe’s largest low-cost carrier, Ryanair, released its May 2023 passenger statistics with yet again significant growth.
This article will cover the details surrounding Ryanair’s May monthly passenger statistics and the growth of the airline in the wake of the Covid pandemic.
Ryanair’s May 2023 Growth
To begin with, Ryanair has carried a total of 17 million passengers during the month of May in 2023. This is yet another sign that the low-cost carrier is well-underway to having its usual growth rates back in business.
Comparing this year’s May passenger statistics to May 2022, Ryanair has achieved a 10% increase from May 2022’s figures of 15.4 million passengers, with a load factor of 92%. This year’s load factor is also up, specifically by two percentage points to 94%.
Over a 12-month rolling period from May 2021 to May 2022, Ryanair carried a total of 123.8 million passengers with an average load factor of 84%. Comparing this to the 12-month rolling period between May 2022 to May 2023, Ryanair carried a total of 171.9 million passengers, a 39% increase and an average load factor of 94%, an increase of 10 percentage points.
Alongside an ever-growing fleet of Boeing 737 aircraft, with more 737 MAX aircraft joining on a monthly basis, Ryanair is set for its most significant years to come.
More recently at the beginning of May, Ryanair made a blockbuster order for up to a total of 300 Boeing 737 MAX 10 aircraft, valued at over $40 billion. This is split by 150 firm orders with 150 options, of which these aircraft are due to be delivered between 2027 and 2033.
It is expected that Ryanair will configure its MAX 10 aircraft with a total of 228 seats, which is a 21% capacity increase over its existing Boeing 737 Next Generation fleet.