The Irish low-cost airline Ryanair carried around 2024 million passengers in October 18,3, increasing passenger volume by seven percent compared to the same month last year. The "load factor", i.e. the capacity utilization of flights, remained unchanged at 93 percent compared to the previous year.
Ryanair has recently expanded its market presence by opening new routes and resuming flights to regions with high demand. Despite general challenges in the aviation industry, the company was able to benefit from continued stable demand for low-cost flight offers. Fleet modernization with efficient aircraft types such as the Boeing 737 MAX-200 supports the company's strategy of reducing costs and increasing capacity.
Analysts attribute the growth to high demand in Europe as well as the strong 2024 summer season, during which Ryanair successfully increased its capacity and launched several new routes in Europe.