Ryanair posted a near record profit of $1.57 billion in the year to end-March and said it was cautiously optimistic that profits would rise modestly in the next 12 months, with summer demand notably robust
on Monday posted a near record profit of 1.43 billion euros in the year to end-March and said it was cautiously optimistic that profits would rise modestly in the next 12 months, with summer demand notably robust.
"The large backlog of OEM aircraft deliveries is likely to constrain capacity growth in Europe for at least four more years which confers a considerable growth premium on Ryanair's remaining 110 B737 Gamechangers deliveries over the next three summers," Chief Executive Officer Michael O'Leary said. The low cost carrier flew a record 168.6 million passengers in the year through March 31, beating its previous annual record of 149 million reached before the pandemic. It reiterated that it hoped to grow traffic to 185 million this fiscal year.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Seahawks News 5/20: Seahawks begin OTAs on MondayPre-Snap Reads 5/20: Seahawks begin OTAs on Monday
Read more »
Monday is Ford's chance to convince Wall Street skeptics of its EV plansFord is hosting a 'Delivering Ford+' capital markets day in which it has promised to provide details of how it expects to achieve previously stated targets.
Read more »
Biden, McCarthy to meet Monday for debt limit talks after 'productive' callPresident Joe Biden says Republicans in the U.S. House must move off their 'extreme positions' on the now-stalled talks over raising America's debt limit and that there will be no agreement to avert a catastrophic default only on their terms.
Read more »
Biden, McCarthy to meet Monday for debt limit talks after ‘productive’ callGOP lawmakers are holding tight to demands for sharp spending cuts, rejecting the alternatives proposed by the White House for reducing deficits.
Read more »
Biden and McCarthy to meet on Monday as debt ceiling talks resume By Reuters*BIDEN AND MCCARTHY TO MEET ON MONDAY AS DEBT TALKS RESUME 🇺🇸 🇺🇸
Read more »
Murders strain Moscow, Idaho financially as investigation expenses mount; arraignment Monday'It was a tragic and horrible event that no one saw coming.'
Read more »