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Chris Radburn/PA Wire

€569 million - Ryanair's profit for last year up 13%

The airline reported the profits despite higher fuel costs, which represents 45 per cent of the companies total costs.

RYANAIR HAS REVEALED a full year profit after tax of €569 million, up 13 per cent on last year.

Revenue rose by 13 per cent to €4.88 billion to the end of March 2013.

Passenger numbers were also up by five per cent to 79.3 million, which the low-cost carrier said helped lead to the profit increase.

The airline reported the profits despite higher oil costs, up by 8 per cent, and an increase in fuel unit costs which rose by 3 per cent, while the average fare improved by 6 per cent. Fuel now represents a 45 per cent of the companies total costs.

Seven new bases were opened by the carrier last year – Chania in Greece, Eindhoven and Maastricht in the Netherlands, Fez in Morocco, Krakow in Poland, Marrakech in Morocco and Zadar in Croatia.

It also started to travel to 217 new routes to now give a total of over 1,600 routes and has a total fleet of 305 after buying 15 new aircrafts last year.

Ryanair’s Michael O’Leary welcomed the profit announcement but said they were disappointed that the European Commission in February 2013 decided to prohibit Ryanair’s third offer for Aer Lingus.

Read: As Norwegian PM boycotts Ryanair, O’Leary insists staff not treated like slaves>

More: On the up: Aer Lingus passenger figures increase in March>

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    Mute cosmological
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    Apr 29th 2015, 3:05 PM

    The instinct for survival is astonishing.

    52
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    Mute aoife kally
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    Apr 29th 2015, 10:59 AM

    God doesnt cause earthquakes Einstein.
    Its called a Natural Disaster

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    Mute Pauliebhoy
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    Apr 29th 2015, 3:04 PM

    Einstein didnt believe in God

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    Mute Shane Walsh
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    Apr 29th 2015, 3:18 PM

    Bear Grylls will be proud.

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    Mute Onion Knight
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    Apr 29th 2015, 3:19 PM

    It’s full of protein.

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    Mute .
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    Apr 29th 2015, 3:13 PM

    hopefully not the only survivor, well done to those involved with saving him!

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    Mute Peter Bishop
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    Apr 29th 2015, 8:17 AM

    Guess god is not available right now. But you will be sure his reps will be!

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    Mute Justin Devaney
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    Apr 29th 2015, 3:04 PM

    On the piss.

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    Mute John Reese
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    Apr 29th 2015, 3:39 PM

    Hopefully in this case it is a case of not able to reach communication. Devastating event. One thing I have noted is the different countries all working together to help the people. Long may of continue. I wonder will Daly and Wallace be protesting at the 2 US Boeing C-17 aircraft sent over to help in the effort if they refuel at Shannon?

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    Mute Patrick J O'CONNOR
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    Apr 29th 2015, 8:27 PM

    @John Reese. Well said John. Also the Israelis have set up a field hospital operational to-day and treating 200.+patients per day. 130 medical team in a 230 group rescue group sent over.
    _“The field hospital will deal with various types of medical issues that come up, including a surgical department, obstetrics, a laboratory for blood samples, and other emerging medical issues,” said Weiss. “We also have an eye doctor and other types of specialists.”
    There will be 60 beds and the capacity to treat at least 200 people per day.”
    —-

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    Mute Patrick J O'CONNOR
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    Apr 29th 2015, 8:30 PM

    @John Reese. Well said John. Also the Israelis have set up a field hospital operational to-day and treating 200.+patients per day. 130 medical team in a 230 group rescue group sent over.
    _“The field hospital will deal with various types of medical issues that come up, including a surgical department, obstetrics, a laboratory for blood samples, and other emerging medical issues,” said Weiss. “We also have an eye doctor and other types of specialists.”
    There will be 60 beds and the capacity to treat at least 200 people per day.”

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    Mute Patrick J O'CONNOR
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    Apr 29th 2015, 9:45 PM

    @John Reese. Well said.

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    Mute Peter Bishop
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    Apr 29th 2015, 8:26 AM

    Guess God wasn’t available .

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    Mute Jebus
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    Apr 29th 2015, 3:04 PM

    Leave my father alone!

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