Ryanair has today forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared 24% during its key summer season.
Ryanair has today forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared 24% during the summer season.
The airline has been increasing capacity far faster than most rivals to take advantage of the travel boom that followed Covid-era lockdowns. The 105 million passengers flown in the period was 11% higher than last year. Ryanair said today that a maiden ordinary dividend of €400m will be split between an interim payment of €200m in February and a final dividend of €200m in September next year.
Neil Sorahan said Ryanair's third quarter was looking"relatively good" with fares ahead of last year by a"mid-teens" percent margin.
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