Belfast Telegraph

Good May for Ryanair as it flies ahead of rival easyJet

By Ben Woods

Budget airline Ryanair saw passenger growth outstrip competitor easyJet last month as the two firms gave an update on their travel performance.

The number of people flying with easyJet jumped 9.5% to 7.5 million in May compared to 2016, while Ryanair saw passenger levels rise 11% to 11.8 million over the period.

Focusing on the load factor - a measure which judges how efficiently airlines are filling seats - easyJet was flat at 95% and Ryanair rose by 1% to 95%.

The update comes after travel and leisure stocks came under pressure as investors responded to the London Bridge terror attack, which left seven people dead and dozens more injured.

The industry has seen demand for holidays to Turkey and Egypt suffer over the past year as holidaymakers remain cautious about the destinations following the bombing of a plane from the Egyptian resort of Sharm el-Sheikh and a violent attempted coup by the Turkish army.

Belfast Telegraph