Ryanair has raised its growth projections, with the budget airline aiming to carry 110 million passengers in the year to March 2019.
At an investor conference being held in London today the carrier will tell shareholders that it expects annual growth of 7% over the coming years; up from its previous target of 5%.
The airline had planned to carry 100 million passengers in the fiscal year ending in March 2019 but now hopes to improve on this.
The Irish company also said it plans to return up to €1 billion to shareholders over the next two years, through a minimum €400 million share buyback and special dividends.
The final amount returned would be “subject to current fuel, yields and profitability trends continuing”, the airline said.
