Ryanair (RYAAY) Load Factor Rose 1 Point in Sept. 2016

October 4, 2016 6:55 AM EDT
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Ryanair (NASDAQ: RYAAY) released September traffic statistics as follows:

● Traffic grew 13% to 10.8m customers
● Load factor rose 1% point to 95%
● Rolling annual traffic to Sept grew 16% to 113.2m customers
Sep 15
Sep 16
Change
Customers
9.5M
10.8M
+13%
Load Factor
94%
95%
+1%
Ryanair's Kenny Jacobs said:
"Ryanair's September traffic grew by 13% to 10.8m customers, while our load factor jumped 1% point to 95%, on the back of lower fares and the continuing success of our "Always Getting Better" customer experience programme.
As our recent guidance confirmed, we expect average fares to fall by between 10% to 12% in the 6 months to March 2017, so there's never been a better time to book a low fare flight on Ryanair. All customers who wish to book their summer 2017 holidays should do so now on the Ryanair.com website or mobile app, where they can avail of the lowest fares in Europe."


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