Tailwinds boosted Ryanair’s results

No airline looks better placed than Ryanair to sustain growth into the future

Michael O’Leary is tweaking the business model. Picture: Bloomberg

So many different factors don’t often coincide to boost an airline’s earnings. A recovering European economy and weather conditions that drove increased travel in Northern Europe were two. But Ryanair’s advantages were common to the company’s rivals as well: EasyJet and Wizz Air reported strong earnings growth too with the same tailwinds behind them.

Ryanair’s results were all the more remarkable for the fact that they were achieved with the headwind of a ...