Ryanair: The upward trend is followed by drastic cuts

Staircase with Ryanair branding at Warsaw-Modlin Airport (Photo: Jan Gruber).
Staircase with Ryanair branding at Warsaw-Modlin Airport (Photo: Jan Gruber).

Ryanair: The upward trend is followed by drastic cuts

Staircase with Ryanair branding at Warsaw-Modlin Airport (Photo: Jan Gruber).
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The Irish Ryanair Group carried around seven million passengers in August 2020. In direct comparison with the same period in the previous year, it is less than half. The carrier states that the load factor is 73 percent, which is 24 percent below the value reached in August 2019. In view of the corona pandemic, this comparison is of course a bit slow.

It is therefore a little more sensible to directly compare the traditionally travel-intensive months of July and August 2020. Ryanair counted 2020 million passengers in July 4,4 and then increased to seven million travelers in August 2020. Until June 30, 2020, the group only operated selected routes as part of a type of "Corona emergency flight plan". A few subsidiaries, including Buzz and Lauda, ​​stood idle for a long time, with the exception of a few charter and return flights.

When looking at the capacity utilization of the Ryanair Group, a remarkable detail becomes apparent, because the values ​​for April, May and June 2020 are not communicated at all. As mentioned, only a few routes were flown and with a low frequency. Presumably the load factor was so low that Michael O'Leary would rather not see it in public, although that wouldn't be a shame given the fact that the entire industry has been badly hit and everyone is suffering from this problem.

In July and August 2020, the load factor at Ryanair was around 25 percent below the previous year's figures. Taking into account the greatly reduced supply, it can be deduced from this that sales were significantly reduced. But even these values ​​are likely to be of little interest for the future, as many entry and quarantine regulations were loose in July and August 2020. From September 2020, and especially in the following months, a significant decline is to be expected and that includes sales, occupancy and the number of passengers carried. The Ryanair Group announced just a few days ago that in view of the weak demand, which is due to the sometimes tough entry and quarantine regulations, the offer for October 2020 will be reduced again. Vienna and the subsidiaries Lauda Europe and Laudamotion are also affected: 12 routes are completely eliminated, and there are fewer flights per week on numerous others.

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