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

Ryanair shows strong performance but some initiatives were delayed


Ryanair has carried more passengers in the past quarter and also earned more on those travelers. However, the Irish budget airline also suffers from the problems with the Boeing 737 MAX, which has been kept on the ground for a long time. Because the delivery of the ordered devices of that type is likely to take place later, some goals are being postponed. Ryanair also takes longer time for a share buyback program.

The number of travelers in the third quarter of the broken financial year increased by 6 percent to 35.9 million and partly due to this, the aircraft of the Irish company were somewhat fuller than a year earlier. Turnover increased by more than a fifth to 1.9 billion euros. That yielded a profit of 88 million euros. In 2018, Ryanair recorded another loss in the third quarter.

The delayed delivery of the 737 MAX is the reason that Ryanair can only make use of cost savings in the following financial year. As a result of that delay, Ryanair postpones its target of carrying 200 million passengers a year for one or two years.

Written by: Harry Adams

Harry Adams is a political expert who has been working for various publications under pseudonyms for 11 years. He loves sarcasm and a rigid presentation of the material without decorations.

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

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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