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Ryanair Reports H1 Profit Down 7% To €1.20bn Lower Fares, Higher Oil & Eu261 Costs Leaves Fy19 Guidance Unchanged At €1.10bn – €1.20bn (Excl. Laudamotion)
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 Signs Agreement with Portuguese Pilot Union SPAC – BALPA (UK) Sign Seniority and Base Transfer Agreements
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 Launches Cardiff Summer 2019 Schedule 2 New Routes To Barcelona & Malta (4 In Total)
Ryanair, Europe’s No.1 airline, today (18 Oct) launched its Cardiff Summer 2019 schedule with 2 new routes to Barcelona and Malta and 4 routes in total, as it doubles its Cardiff traffic. Ryanair’s Cardiff S19 … more
Ryanair Launches ‘Midweek Madness’ Seat Sale – Up To £30 Off Over 1 Million Seats
Ryanair, Europe’s No. 1 airline, today (17 Oct) launched a massive ‘Midweek Madness’ seat sale, with up to €30 off return flights across its European network on over 1 million seats, allowing customers to book a … more
Ryanair Appoints Handler At London Stansted Airport
Omniserv To Replace Swissport From 1st Feb 2019 Ryanair today (15 Oct) announced that it has chosen OmniServ as its new handler at London Stansted Airport, following an extensive tendering process. From 1st February 2019, … more
Ryanair Launches New Bournemouth Route To Dublin
Ryanair, Europe’s No.1 airline, today (11 Oct) announced a new route from Bournemouth to Dublin, with a four-times weekly service commencing in April 2019, which will be a part of Ryanair’s Summer 19 schedule. British … more
Ryanair Launches New Liverpool Route To Corfu
Ryanair, Europe’s No.1 airline, today (10 Oct) announced a new route from Liverpool to Corfu, with a twice weekly service from June, as part of Ryanair’s Summer 2019 schedule, which will be launched shortly. North … more