On the other hand they had 12% of the seats unsold in July, the highest percentage for July since 2003.
Also they face a 300 million euro increase in fuel costs for the year. The revenue from extra passengers over the year will just about cover the extra costs.
2 months ago you were saying it was the increase in average fares that would enable them to pay the extra €300 million now its the massive increase in passenger numbers
Afterall you stated that their success previously was based on BA being on strike where as in July BA wasn't on strike yet the BA numbers were down
Ryanair have added 4.8 Million passengers over and above same period last year in the 7 months to July.
The drop in from 89% to 88% over same period last year in actual fact means 1 less ticket sold per flight per day. Somehow I doubt its that much of a concern.