Ryanair traffic hits new record in August, up 12% year on year
Ryanair flew 12% more passengers in August than in the same month last year, it said on Monday, its latest all-time traffic record in what is typically its busiest month. Europe's largest airline by passenger volume said it flew 18.9m passengers in August, up from 16.9 million a year earlier and up from 14.9m in August 2019, before the COVID-19 pandemic hit. It achieved its previous record, 18.7m passengers, in July. The Irish airline has said it expects traffic in the financial year to March 2024 to grow by 9%, to around 183.5m passengers. Analysts at Citi reiterated a 'buy' rating for the airline in a note following the release of the passenger data, saying it sees the airline as a "market share consolidator in Western Europe, with growth potential in Eastern Europe".<br/>
https://portal.staralliance.com/cms/news/hot-topics/2023-09-05/unaligned/ryanair-traffic-hits-new-record-in-august-up-12-year-on-year
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Ryanair traffic hits new record in August, up 12% year on year
Ryanair flew 12% more passengers in August than in the same month last year, it said on Monday, its latest all-time traffic record in what is typically its busiest month. Europe's largest airline by passenger volume said it flew 18.9m passengers in August, up from 16.9 million a year earlier and up from 14.9m in August 2019, before the COVID-19 pandemic hit. It achieved its previous record, 18.7m passengers, in July. The Irish airline has said it expects traffic in the financial year to March 2024 to grow by 9%, to around 183.5m passengers. Analysts at Citi reiterated a 'buy' rating for the airline in a note following the release of the passenger data, saying it sees the airline as a "market share consolidator in Western Europe, with growth potential in Eastern Europe".<br/>
