07:00 Thu 16 Sep 2021
Ryanair Holdings PLC - AGM Statement
RYANAIR BOARD APPROVES ACCELERATED POST COVID GROWTH
NEW AIRCRAFT, NEW BASES & LOWER COSTS, SEES 5 YEAR TRAFFIC GROWTH JUMP 50% FROM 150M TO 225M GUESTS P.A.
Ryanair Holdings plc, today (Thurs, 16th Sept) holds its AGM at its Airside Offices in
Based on proxy votes already received, Shareholders have approved all resolutions and will receive a detailed update on the Airline Group's post-Covid recovery plans over the next 5 years. Subject to no adverse Covid developments, and vaccinations remaining at 90%+ across
Ryanair Group airlines now expect to deliver more rapid traffic growth over the next 5 years, and have raised their 5 year growth forecast from 33% to 50%. As a result, Ryanair's pre-Covid traffic of 149m is expected to grow to over 225m guests by
Ryanair's
"The performance of the B737 Gamechanger aircraft this summer has exceeded our expectations. Operational reliability, fuel consumption, and lower CO2 emissions have so far exceeded guidelines with very positive passenger and crew feedback to these new, more fuel efficient, quieter aircraft.
With these new deliveries, Ryanair will open 10 new bases across
Ryanair expects to create over 5,000 new jobs for pilots, cabin crew and engineers over the next 5 years, and the Group is excited to have, earlier this week, opened a
The Covid-19 pandemic has delivered an unprecedented blow to
ENDS
This announcement includes inside information.
For further info
please contact: Press Office Piaras Kelly
Ryanair DAC Edelman Ireland
Tel: +353-1-9451799 Tel: +353-1-592 1330
press@ryanair.com ryanair@edelman.com
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