Companies

Ryanair lands title of world’s largest airline by market cap

Ryanair has a market capitalisation of $29.63 billion, according to a ranking of the largest airlines by market cap, according to Companies Market Cap

Michael O’Leary, Ryanair DAC chief executive. The airline recently said it planned to return approximately 25 per cent of profit after tax by way of ordinary dividend to its shareholders.

Ryanair is now the largest airline in the world as measured by stock market capitalisation, according to new figures.

According to company values compiled by Companies Market Cap, an online stock market tool, Ryanair’s value has surpassed that of Delta Airlines and Southwest Airlines, two of the major US carriers.

The company has a market capitalisation of $29.63 billion, according to a ranking of the largest airlines by market cap, according to Companies Market Cap.