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Ryanair Holdings (Ryanair Holdings) Passenger Load Factor % : 95.00% (As of Jun. 2020)


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What is Ryanair Holdings Passenger Load Factor %?

Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.

Ryanair Holdings's Passenger Load Factor % for the quarter that ended in Jun. 2020 was 95.00% , which is higher than 0.00% for the pervious quarter ended in Jun. 2018.

Ryanair Holdings's Passenger Load Factor % for the annual that ended in Mar. 2023 was 93.00% , which is higher than 82.00% for the pervious year ended in Mar. 2022.

The historical rank and industry rank for Ryanair Holdings's Passenger Load Factor % or its related term are showing as below:

RYAAY's Passenger Load Factor % is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Passenger Load Factor % only.

Another nmeasurement related to load factor is Breakeven Load Factor %. It is the average percentage of seats that have to be filled on an average flight at current average fares for the airline's passenger revenue to break even with the operating expenses.

Ryanair Holdings's Breakeven Load Factor % for the quarter that ended in Jun. 2020 was 83.00% , which is higher than 0.00% for the pervious quarter ended in Jun. 2018.

Ryanair Holdings's Breakeven Load Factor % for the annual that ended in Mar. 2023 was 81.00% , which is lower than 88.00% for the pervious year ended in Mar. 2022.


Ryanair Holdings Passenger Load Factor % Historical Data

The historical data trend for Ryanair Holdings's Passenger Load Factor % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ryanair Holdings Passenger Load Factor % Chart

Ryanair Holdings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Passenger Load Factor %
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Breakeven Load Factor %
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Ryanair HoldingsQuarterly Data
Trend Jun16 Sep16 Dec16 Jun17 Sep17 Dec17 Jun18 Jun20
Passenger Load Factor %
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Breakeven Load Factor %
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Competitive Comparison of Ryanair Holdings's Passenger Load Factor %

For the Airlines subindustry, Ryanair Holdings's Passenger Load Factor %, along with its competitors' market caps and Passenger Load Factor % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ryanair Holdings  (NAS:RYAAY) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %=Passenger Miles Travelled / Available Seat Miles

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ryanair Holdings  (NAS:RYAAY) Passenger Load Factor % Explanation

Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.

The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.

Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.


Ryanair Holdings Passenger Load Factor % Related Terms

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Ryanair Holdings (Ryanair Holdings) Business Description

Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.