Catania for 38 euros, Palermo for 34 euros and the flight to Thessaloniki There is an unbeatable 24.99 euros. How can Ryanair offer such cheap journeys and still generate 1.9 billion euros in profit? Krone+ calculates:
When the three Irish Christopher Ryan, Liam Lonergan and Tony Ryan met in 1984 and founded an airline, the goal was very simple: cheap from Ireland to England. However, the airline has grown extremely in the last 40 years, which are now flying 235 airports in 37 countries, and in 2024 584 machines promoted a total of 184 million passengers. As a cheap airline, the Irish steal the show at the established airlines, after a hangover during the Corona period in the previous year, a profit of 1.9 billion euros. Even if you sometimes offer the tickets at incredibly low prices.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
