Ryanair passenger numbers up during strikes

Ryanair (LON:RYA) saw its volume of passengers increase through June, even while industrial action grounded planes on popular routes.

The company’s number of passengers increased by 7 percent in June, sharing the fate of their low-cost counterpart Wizz Air (LON:WIZZ), who’s passenger numbers increased by 22 percent.

The success of last month is surprising as many would have expected the volume of passengers to be hampered by the industrial action in French Air Traffic Control, which caused more than 100 flights to be cancelled.

“Regrettably over 210,000 Ryanair customers had their flights cancelled in June because of four weekends of ATC strikes and repeated UK, German and French ATC staff shortages”, a Ryanair spokesperson said.

The firm’s total volume of passengers was 11.8 million in June. While it was largely a month of downward travel for Ryanair’s share price, this morning saw a rally of 0.075 EUR, or 0.48 percent.

A spokesperson has said, “Ryanair calls for urgent action by the EU Commission and European governments to ameliorate the effect of ATC strikes and staff shortages in the UK, Germany and France from disrupting the travel plans of millions of Europe’s consumers this summer.”

 

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Senior Journalist at the UK Investor Magazine. Also a contributing writer at the Investment Observer, UK Property Journal and UK Startup Magazine. Postgraduate of King's College London with a specialisation in Business Ethics. Interested in Development Economics and David Hume.