Ryanair’s Traffic Grows 19% in June
Ryanair today (Friday, 4th July) published its passenger and load factor statistics for June 2008.
Jun 07 Jun 08 Increase 12 mth to 30 Jun 08
Passengers (m) 1 4.35m 5.17m 19% 53.29m
Load Factor 2 85% 84% -1% 81%
1. Represents the number of earned seats flown by Ryanair. Earned seats include seats that are flown whether or not the passenger turns up because once a flight has departed a no-show customer is not entitled to change flights or seek a refund.
2. Represents the number of passengers as a proportion of the number of seats available for passengers.
I know load factor has no direct correlation to profitibilty, but it at least shows people are still flying - and this is before most kids have broken up for the summer hols!