Ryanair's revenue surges 207% to €6.6 billion in H1

Monday, 07. November 2022 07:06

Ryanair Holdings plc said on Monday that its revenue in the first half of its fiscal year 2023 landed at €6.6 billion, soaring 207% compared to the same period a year earlier.

The low-cost airline's profit after tax was €1.4 billion, improving from a loss of €48 million in the first half of fiscal 2022, while earnings per share in the six months ended September 30 stood at €1.11. The number of customers surged 143% year on year to 95.1 million.

"Our Group airlines delivered an industry-leading operations performance and robust post-Covid traffic recovery in H1. This summer we operated at 115% of our pre-Covid capacity, completed over 3,000 daily flights and delivered record traffic across peak S.22, despite unprecedented ATC [air traffic control] disruptions and regrettable airport security delays (primarily in Q1)," CEO MIchael O'Leary stated.

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