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Ryanair Reports Full Year Loss Of €815m As Traffic Falls 81% Due To Covid-19 Travel Restrictions
Ryanair Holdings plc today (17 May) reported a full year loss of €815m (excl. hedge ineffectiveness), compared to a PY profit of €1,002m. Features of FY21 included: FY21 traffic fell 81% from 149m to 27.5m due to Covid-19 restrictions. Liquidity preservation prioritised with €3.15bn cash at year end (31 Mar.). Cost reductions implemented across all… more
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Ryanair Reports Full Year Loss Of €815m As Traffic Falls 81% Due To Covid-19 Travel Restrictions
Ryanair Holdings plc today (17 May) reported a full year loss of €815m (excl. hedge ineffectiveness), compared to a PY profit of €1,002m. Features of FY21 included: FY21 traffic fell 81% from 149m to 27.5m due to Covid-19 restrictions. Liquidity preservation prioritised with €3.15bn cash at year end (31 Mar.). Cost reductions implemented across all… more
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Ryanair Launches New Customer Advisory Panel
Invites Customers To Apply Before May 31st Ryanair, Europe’s no.1 airline for low fares, choice, on-time flights and customer service, today (13 May), announced the launch of a new Customer Advisory Panel that will invite Ryanair customers all over Europe to come together to provide feedback and recommendations that will help Ryanair continue to improve… more
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Ryanair Launches New Aalborg To Stockholm Arlanda Route For Winter ‘21
Ryanair, Europe’s No.1 airline, today (7th May) announced a new Aalborg to Stockholm Arlanda route, operating three times a week from November 2021, as part of Ryanair’s Danish Winter ‘21 schedule. Danish consumers and tourists can now book a well-deserved getaway – as far out as March ’22 – on even lower fares. To celebrate,… more
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Ryanair Opens Base In Billund For Winter ‘21
Two Based Aircraft, $200m Investment, 16 New Routes Ryanair, Europe’s No.1 airline, today (05 May) announced a new base opening in Billund with two based aircraft, 69 departing flights per week and 26 routes in total, including 16 new connections to a host of international destinations across Europe from October ‘21. This new base represents… more
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Ryanair April Traffic Up From 0.04m To 1.0m Guests
67% Load Factor As Covid-19 Continues To Impact Traffic Ryanair Holdings plc today (5 May) released April traffic statistics as follows: 2020 2021 Growth Ryanair Group 0.04m 1.0m – Rolling Annual 135.1m 28.5m (71% LF) -79% Ryanair operated over 8,000 flights in April with a 67% load… more
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Ryanair & Trinity College Launch SAF Centre Ryanair Commits To 12.5% SAF Goal By 2030
Trinity College Dublin in partnership with Ryanair, EU’s greenest airline, today (29 April) announced the launch of the Ryanair Sustainable Aviation Research Centre. This landmark initiative – the first of its kind in Ireland – has been made possible by a €1.5m donation which Trinity will use to seed a multi-disciplinary research team to engage… more