February 3, 2020 / 10:48 AM / 22 days ago

Ryanair says plans to move from 'breakneck' growth

Ryanair Boeing 737-8AS plane EI-EKG approaches Riga International Airport in Riga, Latvia January 17, 2020. REUTERS/Ints Kalnins

DUBLIN (Reuters) - Ryanair (RYA.I) chief executive Michael O’Leary on Monday said his airline was coming to the stage when it would make sense to slow its target growth rate to 4-5% per year rather than its peak growth rates of 8-9% percent.

“We do not want to be growing at breakneck speed” in the coming years, O’Leary told analysts in a conference call.

Reporting by Conor Humphries, editing by Louise Heavens

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below