R
yanair mentioned 63,000 of its passengers have been hit by the “still unexplained” technical error that led to chaos over the financial institution vacation weekend, however the airline nonetheless managed to interrupt its month-to-month record for passengers once more in August.
The low-cost provider flew 18.9 million passengers, up from July’s document of 18.7 million and 11% greater than in August 2022. Its flights have been 96% full, the identical load issue as in August of 2022.
But 350 of its flights have been cancelled, because of the “computer ‘failure’ which has still not been explained”.
The short-term collapse of the UK’s air visitors management system led the the canbcellation of 1,110 flights and plenty of extra delays on one of many busiest weekends of the 12 months for UK air journey, with hundreds of passengers stranded exterior of the UK.
Bosses of National Air Traffic Services are engaged on an pressing report to find out what precisely went mistaken, as aviation bosses slammed the failure as an “embarrassment”.
Meanwhile, rival low-cost airline Wizz Air carried 6.1 million passengers, up 23.9% from final 12 months, with new flights together with Luton to Cairo.
Travel companies have gone from power to power this 12 months, whilst different firms that rely on discretionary spending battle with the impression of the cost-of-living disaster.
Ryanair has carried 177.4 million passengers over the past 12 months, up 20% from final 12 months. Wizz has carried 62.6 million, a 33% rise.
Ryanair shares are up 0.6% to €16.24 in Dublin as we speak. Wizz shares are up 2.3% to 2,251p.
Victoria Scholar, head of funding at Interactive Investor, mentioned: “Shares in Ryanair have rallied sharply so far this year, driven by robust post-covid demand for summer holiday travel and a jump in average fares. While the low-cost carriers have enjoyed a very strong all-important summer season, the winter could be more challenging with elevated inflation and rising interest rates likely to weigh on consumers’ desire to spend on travel.”
