The Board of Ryanair Holdings plc today (29 Sept.) announced that Mr. Bertrand Grabowski, a French citizen, has agreed to join the Board as a non-executive director effective from 1 Oct. 2023.  Mr. Grabowski will also join Ryanair’s Audit Committee. 

Mr. Grabowski has almost 40 years aviation and transport finance experience.  A former Executive Board Member of DVB Bank SE, he previously held senior roles with Citibank, Credit Agricole Indosuez and Banque Indosuez and is currently an independent aviation consultant.  Mr. Grabowski is also a non-executive director of Jazeera Airways (a publicly listed company on the Kuwait Stock Exchange).

Ryanair’s Chairman Stan McCarthy said:

“We are pleased that Bertrand Grabowski has accepted our invitation to join the Board of Ryanair Holdings plc from 1 Oct. 2023.  Bertrand has considerable experience and skills in the field of aviation finance, coupled with a detailed knowledge of global aviation, and will, we believe, make a significant contribution to both our Board and our Audit Committee.  We look forward to working with him to achieve Ryanair’s exciting and ambitious goals over the coming decade of Ryanair growth.”

Full Year Traffic Of 183.5m Unaffected As Yet

Ryanair, Europe’s No.1 airline, today (Thurs 28^th Sept) announced a number of Winter 2023 schedule reductions as a direct result of Boeing aircraft delivery delays during the Sept to Dec period. Ryanair had expected to receive 27 aircraft between Sept and Dec, but due to production delays at the Spirit Fuselage facility in Wichita, combined with Boeings repair and delivery delays in Seattle, Ryanair now expects to receive only 14 aircraft between Oct and Dec. Ryanair is working with Boeing to try to accelerate deliveries in the Jan to May 2024 period so that it can enter the Summer 2024 peak travel season with all 57 new Boeing aircraft deliveries as expected.

As a result of these delivery delays, Ryanair will make a number of adjustments to its Winter 2023 schedule this week. We are reducing the number of Charleroi based aircraft by 3, Dublin based aircraft by 2, and will reduce 5 aircraft across 4 Italian bases, including Bergamo, Naples and Pisa. There will also be aircraft reductions in East Midlands, Porto, and Cologne.

Ryanair apologises for these unavoidable reductions in its Winter 2023 schedule. Ryanair has no spare aircraft this winter as scheduled maintenance is necessary across our full fleet of over 550 aircraft in order to have them all serviceable for its largest ever summer 2024 schedule.

Ryanair’s Michael O’Leary said:

“We are working closely with Boeing and their supplier, Spirit, to minimise these delivery delays. It is deeply regrettable that production problems in Wichita, and in Seattle, have yet again delayed Boeing’s contracted deliveries to Ryanair this winter. We are in regular dialogue with Boeing, and our primary objective is to ensure we get delivery of all 57 contracted B737 aircraft before the end of May 2024, so that Ryanair’s fleet can grow to over 600 aircraft for what will be our largest ever summer flight programme. These flight cancellations will take effect from the end of Oct, and will be communicated to all affected passengers by email over the coming days. Passengers will be offered reaccommodation on alternative flights or full refunds as they so wish. We apologise sincerely to passengers for any inconvenience caused by these delivery delays this winter.

At this early date, we do not expect these delivery delays will materially affect our full year traffic target of 183.5m, but if the delays worsen or extend further into the Jan to Mar 2024 period, we may have to revisit this figure and possibly adjust it slightly downward.”

Ryanair today (26 Sep) welcomed the European Commission’s decision to block Booking.com’s proposed anticompetitive acquisition of Etraveli. Booking.com’s ability to dictate commission levels to hotels all over the EU coupled with Etraveli’s advanced screenscraping technology targeting airline websites would result in more consumers being overcharged for their flights if these two digital giants were allowed to merge.

Consumers booking airline tickets are often lured into websites of online travel agents (OTAs) advertising “low fares”, only to later pay significantly higher fees for baggage, seat reservation and other services. Many OTAs also withhold customers’ payment and contact details out of fear that a customer may find out that the airline received much less for the booking than the customer paid to the OTA. The European Commission’s decision in the Booking.com / Etraveli case is therefore good news for consumers all around the world.

TRAFFIC GROWS 11% TO 18.9M GUESTS

Amman, August 29, 2023- Ryanair, Europe’s no. 1 airline has today, announced its expansion in Amman, confirming the 5-year heavy maintenance agreement with Joramco, the MRO provider based in Jordan and the engineering arm of Dubai Aerospace Enterprise (DAE).  This agreement will further extend the partnership and will see the airline utilising up to 6 heavy maintenance lines at its facility in Amman- Jordan where Joramco is set to conduct 41 checks during this winter season.

This agreement ensures that the airline has continued flexibility as to where it places its aircraft for the upcoming maintenance season. The 110,000sq metre facility will facilitate the heavy maintenance of Ryanair’s aircraft as the airline grows its fleet to 800 aircraft, incl. the recent 300 Boeing MAX-10 order, which will see the airline grow to carry over 300m passengers per year by 2034. These new, fuel efficient, greener technology aircraft offer 21% more seats, burn 20% less fuel and are 50% quieter than our B737-NGs.

Ryanair uses a mix of internal facilities and external suppliers to conduct its heavy maintenance. The airline group continues to invest in internal heavy maintenance facilities and this agreement will complement these facilities and ensure the maintenance requirements are more than met over the coming years.

Speaking in Jordan, Ryanair’s Chief Operations Officer, Neal McMahon, said:

“We are thrilled to announce our expansion in Amman confirming our 5-year heavy maintenance agreement with Joramco. Joramco have been providing heavy maintenance for our fleet for the past 4 years however, this agreement allows Ryanair to utilise up to 6 heavy maintenance lines and conduct 41 checks this Winter season.

Joramco is a long-established maintenance provider with state-of-the-art facilities with over 50 customers around the world. It has an excellent reputation for a quality service offering in the industry and we are pleased to be announcing this new and enhanced deal. This agreement will ensure that Ryanair continues to have flexibility as to where it places its aircraft for the winter maintenance season.”

Commenting on this agreement Joramco’s Chief Executive Officer, Fraser Currie, said,

“Joramco is delighted to have been supporting Ryanair with base maintenance for the last 4 years. This agreement is testament to the vision and dedication of the Ryanair heavy maintenance management team and the excellent services delivered by the entire team at Joramco. We look forward to growing and enhancing the relationship in Jordan and delivering amazing opportunities for both the local workforce in Jordan and Ryanair’s customers.”

4 NEW ROUTES & OVER 100 WEEKLY FLIGHTS

Ryanair, Europe’s No.1 airline, today (22 Aug) launched its biggest ever Winter schedule to/from Amman and Aqaba with 25 routes incl. 4 new routes to Brussels, Madrid, Marseille, and Pisa for Winter ’23. This record schedule will see Ryanair operate in both Amman Airport and Aqaba Airport and support over 500 aviation jobs.

This year’s Winter ‘23 schedule marks an important milestone for Ryanair which over the past 5 years worked closely with its partners in the Jordan Tourism Board to transform Jordanian Tourism and connectivity, since the airline’s first flight took off from Amman to Paphos back in 2018 and since then, has grown to carry over 1.7 million passengers to/from Jordan.

Ryanair has developed an exciting new growth framework with the Jordan Tourism Board which will enable Ryanair to continue growing connectivity, passengers, tourism, and jobs in Jordan and allow more people to visit the numerous wonders of the Kingdom such as Petra, Wadi Rum, the Dead Sea and the coastal Aqaba over the coming years whilst also offering Jordanians ultra-low-cost connectivity to visit friends or family in Europe.

Ryanair’s Jordan Winter ‘23 schedule will deliver:

• 25 total routes incl. 4 new routes Brussels, Madrid, Marseille, & Pisa
• Over 100 flights per week
• 30% growth vs Winter ‘22
• Over 600,000 passengers to/from Jordan p.a.
• Support over 500 local jobs

To celebrate Ryanair’s biggest ever Winter schedule for Jordan customers can now book a well-deserved Winter getaway at the lowest fares from just €29.99 one way for travel until Apr ‘24, available only on Ryanair.com.

Ryanair’s CEO, Eddie Wilson, said:

“Ryanair is delighted to celebrate 5 years of operations in Jordan and the launch of our biggest ever schedule to Jordan for Winter ’23 season, with 25 exciting routes incl. 4 new routes to Brussels, Madrid, Marseille, and Pisa.

We are delighted to grow our longstanding partnership with the Jordan Tourist Board. This new growth will provide the foundation from which Ryanair can increase tourism by delivering long-term traffic growth and increased connectivity. We have worked closely with our Jordanian partners to secure this growth and improve services for those that live, work, or wish to visit the stunning country of Jordan, whilst supporting over 500 jobs.

The Jordan Tourism Board Managing Director, Dr. Abed Al-Razzaq Arabiyat, said:

“This is a strategic partnership between the Jordan Tourism Board and Ryanair and the renewal for another five years is really important for Jordan in order to increase tourism to the country, Ryanair is a strong partner who brought new tourists to Jordan and gave us greater visibility with their expansive network. We look forward to Ryanair expanding further and bringing more connectivity, tourism and hopefully one day in the future adding a hub here in Jordan.”

JULY TRAFFIC GROWS 11% TO 18.7M GUESTS

    Ryanair Holdings plc today (Wed, 2 Aug) released July 2023 traffic stats as follows: