Ryanair, European fares airline announced a full year net profit of 867 million Euro
Ryanair, European fares airline announced a full year net profit of 867 million Euro, while the traffic was up 11 per cent to 90.6 milion as load factors rose from 83 per cent to 88 per cent.
2015-05-27 12:07:56
Highlights of 2014 include:
Traffic up 11 per cent to 90.6 milion as load factors rose from 83 per cent to 88 per cent
Unit costs ex fuel were flat (including fuel they fell 5per cent)
Net profits rose 66per cent as net margin jumped from 10per cent to 15per cent
Earlier loading of schedules led to materially stronger forward bookings
AGB Year 1 programme delivered, Year 2 improvements rolled out
Ryanair Labs is transforming our digital and mobile platforms
Lead customer order for 200 x B737 Max 200 aircraft
2nd Eurobond issue (850m Eur for 1.125per cent coupon) lowers our finance costs.