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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 Manchester 2021 Recovery Schedule
Ryanair, Europe’s No.1 airline, today (21 July) announced its 2021 recovery schedule from Manchester, operating over 315 weekly flights to 67 destinations, including 4 new for summer and 6 for winter, which will deliver 5.1m … more
Ryanair Launches Liverpool 2021 Recovery Schedule
Ryanair, Europe’s No.1 airline, today (21 July) announced its Covid recovery schedule from Liverpool, operating 110 weekly flights to 32 destinations, including 5 new for summer and 5 for winter also, which will deliver 1.9m … more
Ryanair Launches Scotland’s 2021 Recovery Schedule
Ryanair, Europe’s No.1 airline, today (20 July) announced its Covid recovery schedule from Scotland operating 245 weekly flights to 78 destinations*, including 3 new for summer and 3 new for winter – both from Edinburgh … more
Ryanair Launches Rome S2021 Covid Recovery Schedule
Ryanair, Italy’s No.1 airline, today (15th July) announced its Summer ‘21 recovery schedule from Rome with up to 14 based aircraft operating over 470 weekly flights to 80 destinations from Fiumicino and Ciampino airports, including … 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