Arab Today, arab today ryanair hikes forecast as firsthalf profits soar
Last Updated : GMT 06:53:52
Arab Today, arab today
Arab Today, arab today

Ryanair hikes forecast as first-half profits soar

Arab Today, arab today

Arab Today, arab today Ryanair hikes forecast as first-half profits soar

Ryanair lifts its annual earnings forecast
Dublin - AFP

Irish low-fare airline Ryanair lifted its annual earnings forecast on Monday, after revealing that first-half profits soared by almost a third, boosted by the timing of Easter and improved customer services.
Earnings after taxation profits surged 32 percent to 795 million euros ($993 million) in the six months to September 30 compared with 602 million euros a year earlier, Ryanair said in a results statement, adding the group was also lifted by its new offering for business travellers.
Sales advanced nine percent to 3.537 billion euros and traffic grew four percent to 51.3 million customers.
The Dublin-based carrier predicted that net profit for the current financial year to March 2015 was expected to be between 750 million euros and 770 million euros.
That compared with its previous guidance of between 620 million euros and 650 million euros.
The company also expects full-year traffic to grow by nine percent to 89 million passengers.
"We are pleased to report this significant increase in first-half profits," said Ryanair chief executive Michael O’Leary.
"While partially due to the presence of Easter in Q1 and a weak prior year comparable, we have also enjoyed a strong summer thanks to our strategy of raising forward bookings and improving our customer experience."
Easter fell in April this year, during the first quarter of Ryanair's financial year, rather than during March in 2013.
Earlier this year, Ryanair launched its new "Business Plus" service targeting companies wanting to cut costs, with benefits including ticket change flexibility, greater baggage allowance, priority boarding and premium seats.
In addition, the carrier is continuing to overhaul its customer services, introducing a new website and app, a free second carry-on bag, and a new service for families.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ryanair hikes forecast as firsthalf profits soar Arab Today, arab today ryanair hikes forecast as firsthalf profits soar

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ryanair hikes forecast as firsthalf profits soar Arab Today, arab today ryanair hikes forecast as firsthalf profits soar

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday