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Ryanair today (22 Oct.) reported a 7% fall in H1 profits (“PAT”) to €1.20bn (excl. Laudamotion losses).  Average fares declined 3% due to excess capacity in Europe, an earlier Easter in Q1, repeated ATC strikes/staff shortages which caused a spike in cancellations of higher fare, weekend flights.  Higher fuel, staff and EU261 costs have offset strong ancillary revenue growth. H1 Results (IFRS)* Sep 30, 2017 Sep 30, 2018 % Change Guests 72.1m 76.6m +6% Revenue … more

Ryanair today (Fri 19 Oct) announced that it has signed an agreement with the Portuguese pilot union SPAC, which will provide for seniority and base transfer agreements, to cover all of Ryanair’s directly employed pilots … more

Ryanair, Europe’s No.1 airline, today (10 Oct) announced a new route from Sofia to Chania, with a twice-weekly service commencing in April 2019, which will be a part of Ryanair’s Summer 19 schedule. Bulgarian consumers … more

Erasmus Students Save Over €5m So Far With Ryanair   Ryanair, Europe’s favourite airline, today (8 Oct) officially launched the second year of its exclusive partnership with the Erasmus Student Network.. Delivered as part of … more

Ryanair, Europe’s No. 1 airline, today (4 Oct) welcomed the Commercial Court of Barcelona’s recent ruling confirming that no EU261 compensation is due to customers whose flights are cancelled because of internal strike action, as … more

Includes 0.5m Lauda Traffic Ryanair, Europe’s No.1 airline, today (2 Oct) released September traffic statistics as follows: – Total traffic grew 11% to 13.1m with a 97% load factor – Ryanair traffic grew 6% to … more

Ryanair today (1 Oct.) lowered its full year profit guidance (excluding Laudamotion) from a current range of €1.25bn – €1.35bn, to a new range of €1.10bn – €1.20bn due to:   – Lower traffic and … more