Ryanair reports load factor slips; but passenger numbers up in Jun-08

Ryanair reported a 19% year-on-year increase in passenger numbers to 5.2 million in Jun-08, due to its expanding route network, although load factor slipped 1 ppts to 84%, following a stable load factor in May-08 and a 4 ppt load factor reduction in Apr-08. [717 words]

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This report contains the following subheadings:

• Ryanair and easyJet’s passenger growth significantly higher than European competitors
• But Ryanair’s load factor lower
• Exercises options for three B737-800 aircraft
• Increases holding in Aer Lingus Group
• Expansion at new Birmingham base; Malta a possible base in the future

This report contains the following charts and tables:

• Select European carriers traffic growth (year-on-year change) and passenger load factor (%): Jun-08