Low-cost carrier Akasa Air is on its path to profitability and will be expanding its international network, Indian news agency PTI said quoting Aditya Ghosh, the airline’s co-founder.
22.05.2024 - 11:53 / traveldailynews.com / Michael Oleary / Vicky Karantzavelou
Traffic grows 9% to 184m. despite Boeing delays.
Ryanair Holdings plc reported full-year PAT growth of 34% to 1.92bn euros, as traffic grew 9% to 184m passengers (23% more than pre-Covid). The Group’s industry leading cost base and increased revenues helped to offset a significantly higher fuel bill as hedged oil prices rose from $65bbl in FY23 to $89bbl in FY24.
FY24 Highlights:
Ryanair’s Group CEO Michael O’Leary, said:
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
Low-cost carrier Akasa Air is on its path to profitability and will be expanding its international network, Indian news agency PTI said quoting Aditya Ghosh, the airline’s co-founder.
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