Ryanair ups passenger target to 110 million by 2019

Ryanair has set a target of carrying 110 million passengers by its full trading year beginning March 2019 and said it will return up to €1 billion to shareholders over the next two years.

Fearghal O'Connor

20th June, 2013

Ryanair said it intends to step up its growth rate from 5 per cent to 7 per cent per annum over the coming years.

Ryanair has set a target of carrying 110 million passengers by its full trading year beginning March 2019.

The airline had previously set a target of 100 million but said in a statement this morning that it will later brief an investor conference in London on the new target. It's share price jumped 3.7 per cent this morning on the news.

The airline said that the new target is in response to lower costs and increased demand from both...

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