Dublin/Budapest, September 3 (financeflashnews.com) – European airlines Ryanair and Wizz Air announced on Tuesday that they achieved new monthly passenger records in August 2024. This marks a significant milestone for both low-cost carriers as they continue to expand their reach across Europe, according to a report by DPA.
Ryanair’s Record-Breaking Performance
Ryanair, Europe’s largest low-cost carrier headquartered in Dublin, reported that it transported 20.5 million passengers in August, an increase of 8% compared to 18.9 million passengers in the same month last year. The airline’s load factor, which measures the percentage of available seats sold on flights, remained steady at 96%, the same as in August 2023.
Wizz Air’s Steady Growth
Hungarian airline Wizz Air also set a new record, carrying 6.2 million passengers in August, reflecting a 1% increase from 6.1 million passengers in August 2023. The load factor for Wizz Air’s flights improved to 95.4% this year, up from 94.1% in August 2023.
Key Figures for August 2024
Airline | Passengers (August 2024) | Passengers (August 2023) | Year-over-Year Growth (%) | Load Factor (2024) | Load Factor (2023) |
---|---|---|---|---|---|
Ryanair | 20.5 million | 18.9 million | +8% | 96% | 96% |
Wizz Air | 6.2 million | 6.1 million | +1% | 95.4% | 94.1% |
Outlook
The continued growth in passenger numbers for both Ryanair and Wizz Air underscores the strong demand for low-cost travel in Europe, even amidst a challenging economic environment. Both airlines are expected to maintain their growth trajectories as they expand routes and increase flight frequencies across the continent.
Keywords: Ryanair, Wizz Air, passenger records, low-cost carriers, Europe, load factor, air travel, August 2024