In 2024, the Lufthansa airline transported only 131.3 million passengers, up from 122.5 million passengers in 2023. Over the period given, the peak of passenger traffic was registered at 145.2 million travelers in 2019, the pre-pandemic year.

In June 2024, roughly ****** flights were operated by the Lufthansa group. This represents almost a five percent increase in the number of flights compared to June 2023. Also, the Germany based aviation group rose its number of passengers between the same period June 2023 and 2024.

In the fiscal year of 2024/25, the number of passengers traveling with Ryanair amounted to *** million, an increase of nearly **** percent from the previous year. The number of passengers seem to have recovered to pre-COVID levels after the impact of COVID-19 on the airline industry with Ryanair's passenger traffic dropping to **** million passengers in 2021. Summer tends to be the busiest season, with **** million passengers uplifted in August 2024. Short introduction to Ryanair Ryanair is an Irish low-cost carrier (LCC) based in Dublin. Founded in 1985, the company participated in the market-making of a highly lucrative industry, namely the LCC market. Starting from the *****, the airline group expanded its growth strategy and developed its connectivity across Europe. As a result of effective approaches to its LCC business model, the airline company is becoming a leading one in Europe. Since 2011, the annual revenue of Ryanair more than doubled, reaching roughly **** billion euros in 2024. Similarly, the passenger transport volume of Ryanair grew steadily. European aviation industry With a long history, Europe is one of the birthplaces of the aviation industry. From its establishments, the aviation market experienced a multitude of transformations while adapting to the needs and wishes of the travelers. Based on revenue comparisons, Lufthansa, Air France-KLM and Turkish Airlines were three leading airlines in Europe. Yet based on the number of passengers, Lufthansa was the leading airline in Europe, with roughly ***** million passengers in 2022. As across the globe, the market share of LCCs in Europe also increased, thus, transforming the entire aviation industry.