as it continues to benefit from pent up demand for air travel. europe s largest carrier by passenger numbers also said it expects profits to rise modestly over the next year, and the summer travel season will be busy. the figures are better than industry watchers had expected. we knew they were going to be good but to record these numbers is exceptional so nearly 170 million passengers, that s up 74% on the previous year s. revenue has more than doubled, profit is 1.4 billion, and they re going to pay dividend this year. it s a phenomenal result and shows how quickly this market is turned around. it also shows how fragile the market is for aviation. there is a point where it suddenly flips you become very profitable, ryanair have put in a great set of results that even before the summer, which will be very strong. cheap airfares are a myth and anybody looking for summer holidays will tell you airfares are expensive, particularly in europe because we have not seen a lot of cap
memory chip maker micron. it accuses the manufacturer of failing its network security review and therefore poses a serious security risk. china launched a review into micron s products in march this is the first big measure against a us semiconductor group. this follows similar moves in washington last year when it introduced chip export controls on china in october the netherlands and japan have since followed. let s go to our asia business hub for the details on this katie silverjoins me now. tell us more about china s decision. tell us more about china s decision- tell us more about china s decision. . , decision. that s right, so as ou sa decision. that s right, so as you say it decision. that s right, so as you say it does decision. that s right, so as you say it does seem - decision. that s right, so as you say it does seem to - decision. that s right, so as you say it does seem to be | you say it does seem to be something of a retaliatory move. it s the fir
/PRNewswire/ EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, today announced the appointment of three new Operating.
puts china s infrastructure supply chain at risk as well as its national security. all of this follows these increasing tensions between the two countries because chips are seen as so vitally important when it comes to military defence as well as economic development going forward. it s unclear exactly what risks they feel that this creates, as well as which specific micron chips this involves. micron says they receive this notice, that the company is assessing the next steps and it looks forward to continuing to engage with beijing. we have had from the us government, saying it will continue to work with allies to avoid these distortions that are being put in the market. they also said they are family opposing these restrictions and they say they have no basis in fact. what it does show, they say, is that china isn t serious when it comes to having a transparent regulatory framework. i a transparent regulatory framework. a transparent regulatory framework. ,, , , framework. i guess
according to the cyberspace administration in china they said there were serious network security risks which put at risk of the infrastructure supply chain and therefore the national security of china. it s unclear what these risks are and what micro products they pertain to but micron says it has received this notice and is assessing its next steps and it looks forward to continuing to engage with beijing. we have also heard from washington who says they re continuing to work with allies and they say this creates distortion from the market and within the market and they are firmly opposing restrictions that have no basis in fact. 0ne insider i spoke with described the move as comical and that s because the company supplies memory chips and therefore it is unlikely to pose these national security risks that beijing s mentioning. katie these national security risks that beijing s mentioning. these national security risks that beijing s mentioning. katie with the details from singapo