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Saturday, November 21, 2009 11:20 PM

Published 11/02/2009 by Sky News


Budget Airline Soars In Recession

Ella Calnan, Sky News Online

Budget airline Ryanair has seen profits soar by 80% in the six months to the end of September. The group, headed by the flamboyant Michael O'Leary, generated £347m in profits after tax, despite a 2% fall in revenues.

The airline said it was continuing...

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What others report on the same story

Ryanair's profits climb as fuel savings offset ...
Ryanair said yesterday that profit climbed during its fiscal second quarter as falling fuel prices more than offset the impact of declining average fares.The airline ... - [11/03/2009 - Irish Independent]
Carrier in strong position to issue Boeing ulti...
Ryanair is no stranger to posturing, but yesterday's threat by the airline to end its relationship with Boeing and forfeit growth unless the aircraft manufacturer ... - [11/03/2009 - Irish Independent]
Business Diary: O'Leary vents his spleen – again
Ryanair's half-year press conference yesterday was the usual foul-mouthed stand-up show from its combative chief executive, Michael O'Leary, with the Government ... - [11/03/2009 - The Independent]
Ryanair Profits Soar While Rivals Plunge - [11/02/2009 - Sky News]
Ryanair may end aggressive growth strategy - [11/02/2009 - Citywire]
Ryanair may chart divi course after 80% leap - [11/02/2009 - London Evening Standard]
Ryanair may return cash to shareholders if plan... - [11/02/2009 - Citywire]
Ryanair posts profits and says it could switch ... - [11/02/2009 - Mail Online UK]
Ryanair announce 80 percent profit increase - [11/02/2009 - TV3 Ireland]
1 2 3

Quotes

...up to 20% meant "it's never going to be cheaper to fly than it will be on Ryanair this winter" . However, cheaper prices...
Budget Airline Soars In Recession [Sky News - 11/02/2009]
...industry'. "Air traffic is falling rapidly in the UK because Gordon Brown seems to think you can tax people on holidays whereas countries in all of Europe - the Spanish, the Dutch, the Belgians - have scrapped these air passenger duties altogether" he said. But he was...
Budget Airline Soars In Recession [Sky News - 11/02/2009]

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