Traffic rise lifts Ryanair share price above €10

Ryanair’s share price jumped by almost 3% at one point yesterday to an all-time high, on the back of the company kicking off a week of airline traffic updates with strong growth figures.

The airline reported a 20% year-on-year rise in passenger numbers for December, from just over five million to 6.02m users.

Load factor for the month, which measures the amount of seats filled rather than simply sold, was up by 7% on the corresponding month for last year, to 88%.