Ryanair’s fares fell by 6 per cent in the year to March 2019, leading to a slump of 29 per cent in the airline’s profits. But with full-year profits of over €1bn (£880m), Europe’s biggest budget airline remains in far better shape than many of its rivals. Last year, the carrier’s average one-way fare was €37 (£32), down 6 per cent. Passenger numbers grew by 7 per cent to 139 million, representing a profit per passenger of £6.33. Non-fuel costs rose by 5 per cent, largely due to an increase in salaries – particularly for pilots.Simon Calder (The Independent)
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