World, As Seen from the most beautiful islands: Ireland and Cyprus

Ryanair is ‘shaky optimistic’ on their efforts to raise more on additional services

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Budget airline Ryanair raised more money in the past quarter by selling travelers extras, such as priority boarding and reserved seats. This offset the negative effects of lower ticket prices and the problems with the Boeing 737 MAX.

The additional sales to travelers brought in nearly 30 percent more money compared to a year earlier. Total operating revenue increased by 12 percent to nearly $ 3.1 billion. Net profit increased by 8 percent to 910 million euros. That was considerably more than what analysts had expected.

Ryanair remains cautious about its expectations for the rest of the year and says it will avoid the “unreliable optimism” of its competitors. The largest low coster in Europe is counting on slightly more favorable ticket prices than last winter, although this depends on uncertainties such as the brexit.

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By moriningbugler
World, As Seen from the most beautiful islands: Ireland and Cyprus

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