Ryanair Holdings PLC
03 May 2007
RYANAIR APRIL TRAFFIC GROWS 19%
Commenting on the April Traffic Statistics Michael O'Leary CEO of Ryanair said:
'Our April traffic growth of 19% underlines the robust nature of the
Ryanair lowest fare model during periods of softer market conditions.
'Load Factors are down from 85% to 83% a fall of 2%, primarily due to
the 21% growth in capacity, with 27 aircraft deliveries across the
winter period and the launch of 3 new bases - Marseille, Madrid and
Bremen. The doubling of UK APD and Airport charges at Stansted as well
as increased charges at Dublin Airport have also impacted load factors
and given rise to a softer yield environment. We expect this weakness in
load factors and softer yields to continue through Q1 and Q2'.
ENDS. Thursday, 3rd May 2007
For further information please contact:
Howard Millar Pauline McAlester
Ryanair Holdings plc Murray Consultants
Tel: 353-1-8121212 Tel: 353-1-4980300
Certain of the information included in this release is forward looking and is
subject to important risks and uncertainties that could cause actual results to
differ materially. It is not reasonably possible to itemise all of the many
factors and specific events that could affect the outlook and results of an
airline operating in the European economy. Among the factors that are subject to
change and could significantly impact Ryanair's expected results are the airline
pricing environment, fuel costs, competition from new and existing carriers,
market prices for the replacement aircraft, costs associated with environmental,
safety and security measures, actions of the Irish, U.K., European Union ('EU')
and other governments and their respective regulatory agencies, fluctuations in
currency exchange rates and interest rates, airport access and charges, labour
relations, the economic environment of the airline industry, the general
economic environment in Ireland, the UK and Continental Europe, the general
willingness of passengers to travel and other economics, social and political
factors.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.