Irish airline Ryanair witnesses a record number of monthly passengers in May and June
Ryanair, which flew a record number of monthly passengers both in May and June, said demand looked robust for the rest of the summer with fares expected to keep growing but at a slower 10-15% rate from July to September.
He said that would ultimately be good for Ryanair's growth because customers will keep flying but become more price-sensitive. That compared to 170 million euros a year ago when the travel rebound began and beat the previous high for the first quarter of its fiscal year, 397 million euros in 2017. A company poll of analysts had expected a 620 million euro profit.
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