Ryanair to Report ‘Very Strong’ Traffic Figures Amid Turnaround

Jul 03, 2014 8:31 am ET

July 3 (Bloomberg) -- Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said June traffic was “very strong” as Europe’s biggest discount carrier improves its service that includes adding routes linking London and Scotland.

Ryanair climbed as much as 20 cent, or 3 percent, to 7.05 euros, the biggest gain in a month, after O’Leary’s comments on Bloomberg Television today. The company will report its traffic figures for last month this week, O’Leary said.

The discount carrier is looking to refine its no-frills approach to become more customer-friendly. Measures include allocated seating and a improved website aimed at drawing corporate passengers, groups and older travelers. O’Leary said the push is helping win more people for business-minded trips, and the company is targeting more popular airports as it catches up with EasyJet Plc in attracting higher-paying guests.