Ryanair third quarter profits up 30%
Higher fares and baggage charges helped Ryanair offset a 52% increase fuel charges and grow its net profits by 30% in the third quarter.
Average fares, including the new baggage charges introduced in March, rose 7%, allowing the airline to achieve net profit of €48m (£31.6m) in the three months to December 31.
Meanwhile, passenger numbers grew to 10.3 million, 19% higher than the same three months in 2005.
To reflect the latest growth, Ryanair has revised its full-year forecast to €390m (£257m), claiming that fourth-quarter earnings will benefit from weaker oil prices and a 25% jump in passenger numbers .
By Bev Fearis
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
U.S.A. and Israel attacks on Iran impact air movements in the Gulf (Update 1.00pm CET)
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
WTTC global tourism reached record economic impact of 11 trillion in 2025
Marginal increase for New York City tourism in 2025