Analysis: Ryanair has lofty targets and the confidence that it will hit them

Airline splashes the cash targeting 300m passengers a year

Passengers numbers need to grow by 80% to meet target. Picture: David Creedon

Ryanair is putting its money where its mouth is as it aims to increase the number of passengers it flies a year to 300m over the next decade.

Eddie Wilson, chief executive of Ryanair, said it has “substantial headroom” to grow further in Europe, where it already holds a 20% market share, despite the competitive environment.