Ryanair (RYAAY) Posts Impressive May 2024 Traffic Numbers [Yahoo! Finance]
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Trinity Industries, Inc. (TRN)
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Source: Yahoo! Finance
The number of passengers transported on Ryanair flights was 18.9 million in May 2024, reflecting an 11% year-over-year increase. RYAAY's traffic in May was much more than the April reading of 17.3 million and the March reading of 13.6 million. May load factor (percentage of seats filled by passengers) improved to 95% from 94% in the year-ago period. This figure is higher than the load factor of 92% reported in April 2024 and 93% reported in March 2024. Notably, RYAAY operated more than 105,000 flights in May 2024. This marks an improvement from 98,400 flights operated in April 2024 and 77,000 flights operated in March 2024. Owing to buoyant air travel demand, shares of Ryanair have gained 18.1% over the past year compared with 23.3% growth of the Zacks Airline industry. Image Source: Zacks Investment Research Ryanair continues to benefit from improved traffic growth. Traffic grew 9% during the fiscal 2024. Management expects fiscal 2025 traffic to grow 8%, subject to Boeing
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- 5/1/24 - Beat
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- 6/5/24 - Form 8-K
- 6/4/24 - Form 8-K
- TRN's page on the SEC website