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Ryanair Issues €750m Eurobond At 1.125% Fixed For 6.5 Years
Ryanair today (8 Feb) announced that it has issued a 6.5 year, €750m, Eurobond at a fixed coupon of 1.125%. Ryanair is rated BBB+ (stable) by both Standard & Poor’s and Fitch Ratings. These ratings reflect the ratings of Ryanair’s business model which as a long established track record of profitability, cash generation, and an… more
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Q3 profit falls 8% to €95m: Fares decline by 17% while traffic grows 16%
EX-FUEL UNIT COSTS CUT 6% Ryanair, Europe’s No. 1 airline, today (6 Feb) reported that Q3 profits fell 8% to €95m, as average fares fell by 17% to just €33 per passenger, while traffic grew 16% to 29m customers. Q3 unit costs were cut by 12% (ex-fuel unit costs were down 6%). Ryanair’s… more