Ryanair expects profits to be between €810 million and €830 million

Ryanair has upgraded it's full-year traffic and profit forecast following a 22% jump in November passenger numbers to over 6.35 million.

Now, the airline expects profits to be between €810 million and €830 million,

 with expected passenger numbers from 89 million to more than 90 million.

Even though there is increase in November seat capacity by 13%, load factors were 88% for the month. That's 7% more than previous month.


In the mean time, rolling annual traffic to November is 85.4 million customers. It's an increase of 5%.


Kenny Jacobs,Chief marketing officer said the increase in profits is credited to 'lower fares, our stronger forward booking strategy and the continuing success of our 'Always Getting Better' customer programme'.

On the other hand, EasyJet reported 4.39 million passengers which is up by 3.1%. It's load factors were up by 0.5 percentage points to 89.5% and annual traffic grew to 65.2 million.