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Old 24th May 2009 | 15:55
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Capot
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Joined: May 2007
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From: Europe
Summary Table of Results (IFRS) - in Euro

Half Year Results

Sept 30, 2007 Sept 30, 2008

Passengers 26.6m 31.6m

Revenue €1,554m E1,811m



The above Ryanairfigures tell you many things, including the fact that the passengers increased by 18% in 2008, and that average gross yield per passenger was 58.42 Euros in the year to 30 Sep 07, going down to 57.31 in the last year.

That would be all the revenue from all charges made by Ryanair, of which only one is the "fare". It follows that the average yield from each return flight is 116 Euros or so, or a little more than £100 at todays xrates.

I only mention it to illustrate the point that neither Ryanair nor any other budget airline is particuarly "low-cost", and that revenues were holding up quite nicely until last autumn at least. So I wouldn't panic too much, apart from realising that the increase in costs needs to be stopped or even reversed to preserve the airline's long-term health. Much of that might have been fuel, of course, I haven't looked.

Last edited by Capot; 24th May 2009 at 16:04. Reason: Reformat!
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