Tuesday 2 July 2019 12:50 pm

Ryanair traffic takes off despite Brexit gloom

Irish airline Ryanair carried eight per cent more passengers on its planes last month, it revealed today.

The budget carrier said it served 13.6m passengers, up from 12.6m in the same period last year. It was spread across 78,000 flights.

Read more: Wizz Air grows passenger numbers amid route expansion

Earlier this year the company signed a deal to acquire Laudamotion and its 24 aeroplanes.

When taking into account an added 600,000 passengers from its new Lauda traffic, numbers grew by 13 per cent, it said.

On a rolling annual basis, passenger numbers were up 10 per cent to 146.5m, the company said.

It comes as the company is forced to deal with uncertainty over its post-Brexit future.

Last week it amended the terms of its €700m (£627m) share buyback in a bid to safeguard against Brexit.

Read more: Budget airlines Ryanair and Wizz Air report soaring passenger numbers in April

The new terms would allow block purchases of shares in a bid to limit the numbers owned by British shareholders.

It will allow it to ensure more than half of its shareholders are from the EU, even after a hard Brexit.