Ryanair passenger growth levels hit six-month low

Ryanair’s market value has risen back to above €20bn, despite seeing the lowest level of passenger growth in six months in September.

Traffic figures, published by the airline yesterday, show that one million more people travelled across Europe with Ryanair in September than did in the same month last year — 10% year-on-year growth. This was despite the fallout from the airline’s decision last month to cancel 2,100 flights to the end of October over pilot rostering problems.

Ryanair carried 11.8m passengers last month, the smallest annualised monthly jump since last March when 900,000 passengers were added on a yearly basis.