Tuesday, 24th May, 2005
RYANAIR'S summer bookings are going well, the budget airline's boss said yesterday, adding he was comfortable with an expected €246m net profit for the year just ended.
"That's the general range of analyst expectations and we are not unhappy with that," Ryanair chief executive Michael O'Leary told reporters on the sidelines of the European Bank for Reconstruction and Development's annual meeting in Belgrade.
Ryanair, which is due to publish results for the 12 months to end-March next week, had seen a "fantastic" start to its 2005/2006 business year in terms of summer bookings, O'Leary said.
"If you take the month of May, we expect to have a load factor of over 80pc, and we have said the load factor throughout the summer would be over 80pc." Ryanair said earlier this month it had filled 81pc of seats on its flights during April.
Cheers,
White Cap
