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Ryanair Reports Q3 Loss Of €20m (Excl Lauda) Lower Fares Leads To Stronger Growth As Competitors Fail
Ryanair today (4 Feb.) reported a Q3 net loss of €20m (excl. Lauda). Strong traffic growth (+8%) to 33m was offset by a 6% decline in ave. fares due to excess winter capacity in Europe. Stronger ancillary revenue growth (+26%) was offset by higher fuel, staff and EU261 costs. Q3 Results (IFRS)* Dec. 31, 2017 Dec. 31, 2018 % Change Guests 30.4m 32.7m +8% Load Factor 96% 96% 0% Revenue €1.41bn €1.53bn +9% PAT/ (Net … more
Laudamotion Announces Ryanair Acquires 100% Shareholding
Lauda commits to 24 aircraft in S19 & signs LOI to grow to 30 aircraft in S20 Lauda traffic to grow from 4m in year 1 to 6m in year 2 Laudamotion, Austria’s No. 1 … more
Ryanair Spanish Cabin Crew Vote (99%) For Recognition Agreement
Ryanair today (Tue 29 Jan) confirmed that its directly employed Cabin Crew in Spain have voted by a majority of 99% in favour of a recognition agreement with SITCPLA and USO, to cover all of … more
Ryanair Launches New Manchester Route To Poitiers
Ryanair, Europe’s No.1 airline, today (28 Jan) announced a new Manchester route to Poitiers, with a twice weekly service commencing in June, as part of Ryanair’s Manchester Summer 2019 schedule. Ryanair’s Manchester Summer schedule now … more
Ryanair Launches New Cardiff Route To Malaga
Ryanair, Europe’s No.1 airline, today (25 Jan) announced a new Cardiff route to Malaga, with a three times weekly service commencing in June, as part of Ryanair’s Cardiff Summer 2019 schedule. Ryanair’s Cardiff Summer 2019 … more
Ryanair Launches Extra London Stansted May Flights
Ryanair, Europe’s No. 1 airline, today (25 Jan) launched extra May flights from London Stansted, with 20 additional return flights to Denmark, France, Hungary, Italy, Poland, Portugal, Spain, Sweden and Morocco, now on sale on … more
Ryanair Launches Winter 2019 Flights Earlier Than Ever
Over 150 Routes On Sale Now Ryanair, Europe’s No. 1 airline, today (24 Jan) launched over 150 of its most popular routes for Winter 2019, with flights from the UK to destinations in Germany, Ireland, … more