Done With The US? Here’s How Ryanair’s Profit Grew 40%

Ryanair’s most recent financial results help highlight that profits are rising by an astronomical 40% as Europeans are increasingly opting for closer-to-home holidays at sunny destinations across Europe. Costlier flights across the North Atlantic to the United States, trips that are increasingly politically fraught, are becoming more unpopular than ever. This drastic demand shift has helped lift average fares and load factors on flights all across Europe, as well as on some Ryanair services to North Africa. The airline has also benefitted immensely from earlier-than-forecast deliveries from Boeing. These allowed the airline to add seats rapidly to its most popular destinations in recent months.