Ryanair load factor tops 90% for first time since COVID-19 began

Ryanair’s load factor - a measure of how well an airline is filling available seats - rose above 90% for the first time since the beginning of the COVID-19 pandemic as traffic rose sharply during the key Easter holiday period. Ryanair flew 14.2m people in April compared to just 1m during lockdown a year ago and 13.5m in April 2019, the second month in a row it has carried more passengers than in the corresponding pre-pandemic period. The Irish airline, Europe’s largest by passenger numbers, said it operated over 82,600 flights in April with a 91% load factor. CE Michael O’Leary said earlier this year that he expected Ryanair’s aircraft to be almost 90% full by April and above that level in the summer. The airline has said it is profitable when occupancy reaches 80%. Its load factor regularly reached at least 96% a month before the pandemic. The low cost carrier expects to fly 14% more capacity this summer than in the same season of 2019, and will carry a record 165m passengers in the year to March 2023 up from just under 100m in the previous year and a pre-COVID record of 149 million.<br/>
Reuters
https://www.reuters.com/article/idUSKCN2MQ0AB
5/4/22