RYANAIR, as expected, announced record half-year profits of ”237m last week. Traffic grew by 29% to 18m passengers. Shareholders once again missed on any form of dividend, the shares themselves holding at around ”7, about the peak they reached three years ago. Clearly one for gamblers. CEO Michael O”Leary continues to shout much nonsense with the occasional good idea. For the most part the public continue to love him, but the airline remains all take and little give. In another move Ryanair announced an expansion at Hahn Airport, about 70 miles west of Frankfurt. The press release headline reads ”18 aircraft, over 50 routes, eight million passengers and 8,000 jobs” but that is by 2012!
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