Ryanair's Record Profits and Passenger Growth Defying Covid Impact

Monday, 20 May 2024, 06:51
Ryanair, the budget airline based in Dublin, marked a significant achievement by reporting a record full-year profit despite the challenges posed by the pandemic. The company saw a remarkable 34% increase in post-tax profit and also introduced a substantial 700-million-euro share buyback program.
https://store.livarava.com/c20a467b-1675-11ef-a6c2-63e1980711b2.jpg
Ryanair's Record Profits and Passenger Growth Defying Covid Impact

Ryanair's Record Performance

Ryanair, the Dublin-based budget airline, announced a remarkable achievement with a 34% increase in full-year profit. The passenger numbers have surpassed pre-Covid levels, indicating a strong recovery for the airline.

Key Highlights:

  • Profit Surge: Ryanair reported a significant 34% jump in profit after tax.
  • Share Buyback Program: The airline introduced a 700-million-euro share buyback program to enhance shareholder value.
Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe