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Ryanair Full Year Profits Up 13% To €1bn Due Stronger Revenue & 4% Traffic Growth Pre-Covid
Ryanair Holdings plc today (18 May) reported a full year profit of €1,002m (excl. hedge ineffectiveness), compared to €885m last year. Highlights include: Traffic grew 4% to 149m guests. Revenue per guest rose 6% to €57 (2% higher fares & ancillary rev. up 16%). Over 90% of flights arrived on-time (excl. ATC delays). EU’s greenest, cleanest airline (66g CO₂ pax/km). 5 new bases & 390 new routes. Malta Air became 4th Group airline. New digital … more
Ryanair Announces Over 250 Jobs Lost At Its Dublin, Stansted, Madrid & Wroclaw Offices Due To Covid-19 Groundings
Ryanair, Europe’s largest low fares airline, today (Fri 15th May) confirmed it has reduced its office headcount in Dublin, Stansted, Madrid and Wroclaw by over 250 through a combination of probation/fixed term contract ends, resignations … more
Ryanair To Restore 40% Of Scheduled Flights From 1 July
Crew & Passengers To Wear Face Masks & Pass Temperature Checks Ryanair, Europe’s largest low fares airline, today (Tues 12th May) announced plans to return to 40% of normal flight schedules from Wed 1 July … more
Ryanair April Traffic Falls 99.6% To 0.04m Guests
Covid-19 Airspace Closures Impact April Traffic Ryanair Holdings plc today (5 May) released April traffic statistics as follows: 2019 2020 Growth Ryanair Group 13.5m 0.04m -99.6% Ryanair 13.0m 0.04m -99.6% Lauda … more
Ryanair Holdings Plc – Covid-19 Market Update
Ryanair Holdings Plc today Fri. 1 May updated the market on its traffic projections for Q1, its plans for a likely return to services in Q2, the expected significant decline in current year traffic, and … more