Irish low-cost carrier Ryanair has reported its December 2016 traffic results, which are showing a 20% month-over-month increase.

alt

117 million passengers for Ryanair

For the month December Ryanair reported a load factor of 94% versus 91% last month and 9 million passengers carried versus 7.5 million in November.

The result brings the low-cost carrier’s 2016 traffic results to 117 million versus 91 million last year. A 16 million increase in passengers, the highest the low-cost carrier has ever reported. In relative numbers the company’s passengers carried grew by 28.5%.

By 2024 the company aims to carry over 160 passengers per year with a fleet of 500 aircraft including the Boeing 737 MAX 200, which is specifically made for low cost carriers such as Ryanair.

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

Article written by partner:

alt

AeroAnalysis was founded in June 2015 and commenced operation in July 2015. In 2013 AeroAnalysis started publishing its work on investing research platform SeekingAlpha, primarily covering the aerospace industry from a unique angle, combining knowledge about investing and aerospace products into unique write-ups that spark healthy discussions and give meaningful insight to investors.

http://aeroanalysis.net/