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Complaints Lodged With German And EU Competition Authorities
Ryanair has today (15 Aug) lodged competition complaints with the German Bundeskartellamt and the European Commission regarding the obvious conspiracy playing out in Germany between the German Government, Lufthansa and Air Berlin to carve up Air Berlin’s assets, while excluding major competitors and ignoring both EU competition and State Aid rules. Given the fact that… more
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Q1 Profits Rise 55% To €397m Due To Strong Easter But No Change To FY Guidance
Ryanair, Europe’s No. 1 airline, today (July 24) reported a 55% rise in Q1 profit to €397m. This result is distorted by the timing of Easter in Q1 with no holiday period in the prior year comparative. Traffic grew 12% to 35m as Ryanair’s lower fares and “Always Getting Better” (AGB) programme delivered a record… more
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US Court Ruling Over Twitter Threat Welcomed
Ryanair, Europe’s No.1 airline, today (14 July) welcomed a United States District Court ruling against an anonymous Twitter user who posted a bomb threat last year. Ryanair obtained a number of subpoenas from Twitter, which helped identify Brian Lake from Pennsylvania as the person responsible for posting the threat in February 2016, using the… more
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European Court Of Justice Ruling In The “A Rosa” Case Upholds EU Rules On Social Insurance Payments By International Transport Workers
RYANAIR TO SEEK REFUND OF €15M IN TAXES/FINES FROM THE FRENCH SOCIAL SECURITY AUTHORITIES WHO MUST NOW ACCEPT IRISH A1 CERTIFICATES Ryanair, Europe’s No. 1 airline today (27 April) welcomed the decision of the European Court of Justice (ECJ) in the “A Rosa” case which has upheld the EU rules on social insurance payments for… more
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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