Press Release
03.06.08
RYANAIR REPORTS RECORD PROFITS OF €481M UP 20%, FARES FALL 1%, TRAFFIC GROWS 20% TO 51M.
Ryanair, Europe's biggest low fares airline, today (3 June) announced a 20% increase in full year net profits after tax to a record €481m. Traffic grew by 20% to 51m, average fares (including bag charges) fell by 1% to €44, while revenues grew 21% to €2.714bn. Despite a unit cost increase of 2%, due to higher staff and airport costs, Ryanair delivered an industry leading after tax profit margin of 18%.
Hello all,
Click on for full press release:
http://www.ryanair.com/site/EN/news.php ... -en-030608
Cheers,
Nicj
