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Ryanair Reports Q1 Loss Of €273M As Easter Travel Cancelled. Vaccine Rollouts & EU Digital Covid Certs Drive Strong Booking Recovery Into Peak Summer 2021.
Ryanair Holdings plc today (26 July) reported a Q1 loss of €273m, compared to a PY Q1 loss of €185m. Features of this Q1 performance included: Q1 traffic rebounded from 0.5m to 8.1m as capacity recovered in May & June. 1st B737-8200 “Gamechanger” delivered in June (12 for peak S.21). Strong June cash balance of €4.06bn (up from €3.15bn at 31 Mar.). €1.2bn 5-year unsecured bond issued in May at record low 0.875% coupon. … more
Ryanair Launches Prague – Warsaw Route As Part Of S’21 Schedule
Ryanair, Europe’s No.1 airline, today (16 July) celebrated its first Prague to Warsaw route, operating twice weekly as part of Ryanair’s Summer ’21 recovery schedule. With over 100 weekly flights from Prague to 30 destinations, … more
Ryanair To Appeal Eu Court Ruling On Austrian Airlines State Aid
Ryanair today (14 July) noted the EU General Court’s ruling on discriminatory State aid favouring Austrian Airlines, a subsidiary of the Lufthansa Group which in June 2020 was granted €150m aid by the Austrian government. … more
Ryanair Announces 2,000 New Pilot Jobs
Ryanair, Europe’s No. 1 airline, today (12th July) announced a recruitment drive for 2,000 new pilots to crew aircraft deliveries over the next 3 years as Ryanair recovers and rebuilds from the Covid-19 pandemic. Ryanair … more
Ryanair Launches ‘Buy One Get One Free’ Summer Deal
Take Your Friend On A Break For Free! Ryanair, Europe’s No. 1 airline, is today (Wed, 7th July) launching a ‘Buy One Get One Free’ offer on 1,100 routes across its network for travel in … more
Ryanair Selects Seven Candidates From Six Countries For Its First Customer Advisory Panel
Ryanair, Europe’s no.1 airline for low fares, choice, on-time flights and customer service, today (06 July) announced its Customer Advisory Panel, comprising seven customers from six European countries. Having received over 10,000 applicants from 16 … more
Ryanair June Traffic Jumps From 0.4m To 5.3m Guests
72% Load Factor As Covid Vaccines See EU Recovery Begin Ryanair Holdings plc today (2 July) released June traffic statistics as follows: JUN 2020 JUN 2021 LOAD FACTOR Ryanair Group 0.4m 5.3m 72% … more