The Irish low-cost airline, the largest one of its kind in Europe announced yesterday a 44% soar in its pre-tax net profit!
Passenger numbers were up 35% for the year to March and 92% of the bookings are done through their website.
Chief Executive Michael O'Leary said he expected Ryanair to be able to increase passenger numbers by 25% year-on-year in each of the next 5 years while at the same time cutting fares 5% each year.
This is what I call pretty good news for the airline as well as the passengers. Would you know another airline cutting fares when they making money?