Popular low cost airline Ryanair has reported a huge increase in its full-year profits, with figures showing a rise of 66% to EU867 million (£614 million).
Michael O’Leary, chief executive said the airline's "Always Getting Better" customer experience programme had attracted "millions of new customers to Ryanair", adding "Our AGB programme is transforming our customer experience, our service, and the way we listen and respond to our customers.”
"We have won substantial traffic and share gains in all markets."
Figures also show that passenger traffic increased to 11% to 90.6 million customers and overall revenue increased by 12% to more than EU5.6 billion.
In order to cope with growing customers, Ryanair said that it has ordered 183 Boeing 737-800 planes to be delivered by 2018 and 200 Boeing 737 Max 200s by 2023.
In other news, Ryanair’s main rival Aer Lingus is now the target for International Airlines Group (IAG) for a takeover. Aer Lingus said it “welcomes any offers made by IAG” and Ryanair who own 29.8% of the rival airline added: "The Board of Ryanair will consider any offer (should we receive one) from IAG on its merits, if or when it is received."
