The Ryanair Holdings PLC on November 7th lifted its outlook for long-term passenger growth and nonticket sales. Ryanair said it now expects to carry 200 million passengers a year by March 2024, or 20 million more than previously projected.
The airline expects to gain customers through expansion and retrenchment of other airlines in the face of stiff competition. Sales for the July-to-September period, traditionally the busiest for the airline, advanced 2% to €2.4 billion. The Irish carrier said its board had approved a €550 million share-repurchase program, the airline’s eighth, to be carried out through February 2017. Continue reading “Ryanair: overall expansion plans”