Ryanair aims to increase pretax profit to EUR900 million by 2012

Ever optimistic, Ryanair stated it is aiming to increase its pretax profit to approximately EUR900 million by 2012. Figures like that, however, feel a long way off given the pressures the LCC and 29.82% owned Aer Lingus are presently encountering. [2004 words]

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This report contains the following subheadings:

• Willing to suffer short-term pain for long-term gain
• Challenging short term outlook
• Postpones the opening of new Edinburgh base due to Boeing strike action
• Renews fight for Aer Lingus
• Announces largest Winter Ski programme; network expansion continues
• Load factor slips to 90%; passenger numbers up in Aug-08
• Shaky relationships with airports continues
• Engages in battle with ‘screen-scraping' websites

This report contains the following charts and tables:

• Ryanair profit matrix: Jul-08
• Major Ryanair fare sales: 04-Jun-08 to 04-Sep-08
• Ryanair ski destination network: 2008/09
• New ski routes from the UK/Ireland
• Ryanair traffic highlights for Aug-08