Budget airline Ryanair on Sept.16 said it has raised its five-year passenger traffic growth after shareholders approved the company’s post-COVID recovery plans. In a statement, the Irish carrier said it expects to see “more rapid traffic growth” by 2026 and has raised its five-year growth forecast to 50 percent, up from past estimates of 33 percent. Prior to the COVID-19 pandemic, the company’s passenger traffic was 149 million but it now expects that to grow to over 225 million by March 2026, which is 25 million passengers per year higher than the previous target of 200 million. The growth will be driven by the delivery of 210 new Boeing 737 Max jets over the next five years. However, the plans are subject to no adverse COVID developments and vaccination levels remaining at 90 percent throughout Europe. In August, EU chief Ursula von der Leyen said 70 percent of adults in the European Union were now fully vaccinated …
Ryanair Raises Passenger Target to 225 Million a Year by 2026 After Its Post-COVID Recovery Plans Are Approved
September 16, 2021
admin
0 Comment