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Ryanair carries fewer passengers in November but load factor rises

Thu, 02nd Dec 2021 09:02

(Alliance News) - Ryanair Holdings PLC said Thursday it carried fewer passengers in November than in October, though still far more than year before, when more pandemic-related travel restrictions were in place.

Passenger traffic jumped to 10.2 million in November, after the Dublin-based low-cost airline carried just 2.0 million passengers a year ago. However, the figure was the lowest since July, when traffic was 9.3 million, having carried in excess of 11 million passengers in October.

Ryanair operated over 62,300 flights in November with an 86% load factor, improved from 62% a year prior and from 84% in October.

Shares were up 0.1% at EUR14.95 in London early Thursday.

Ryanair announced last month that it will de-list its shares from London. Trading volume has dropped due to post-Brexit restrictions on UK share ownership. The cancellation will be effective from December 20, with the final day of dealing of its shares in London on December 17.

Ryanair has a primary listing in the Euronext Dublin market and also has American depositary shares listed on the Nasdaq exchange in New York.

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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