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By then the fleet will grow from 600 Boeing aircraft to approximately 800 Boeing aircraft. Given capacity problems in the aviation industry, which engine revisions for a particular Airbus A320 engine will worsen, Ryanair’s boss expects flight prices to rise by around ten per cent overall this summer.
It was said that the company wants to continue its growth path strongly. Ryanair currently flies to more than 250 airports in 37 countries. O’Leary also included the expansion of the offer in Morocco among the projects with great potential. Ryanair also wants to offer several domestic flights in the North African country.
Ryanair has managed to keep the cost per passenger stable at 31 euros for several years; Sales per guest were around 65 euros. This is significantly below the costs created by the competition for passengers. Andreas Gruber, president of Ryanair Austria, denied that this had anything to do with low wages. Employees’ wages are fair and based on performance.
According to the latest information, O’Leary expects a profit of 1.85 to 1.95 billion euros for the current financial year by the end of March.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
