See the latest
-
Ryanair Reports H1 Loss Of €48m As Traffic Rebounds At Lower Fares
Ryanair Holdings today (1 Nov.) reported a H1 loss of €48m, compared to a PY H1 loss of €411m. Highlights of this 6-month period include: H1 traffic rebounded by 128% from 17.1m to 39.1m. 1st B737-8200 “Gamechanger” delivered in June (65+ for peak S.22). Customer Advisory Panel 1st met in Sept. €1.2bn 5-year unsecured… more
-
Ryanair October Traffic Rises To 11.3m Guests (LF 84%)
Ryanair Holdings plc today (1 Nov) released October traffic statistics as follows: RYR GROUP OCT 2020 OCT 2021 TRAFFIC 4.1m 11.3m L. FACTOR 73% 84% GUESTS L. FACTOR July 9.3m 80% August 11.1m 82% September 10.6m 81% October 11.3m 84% Ryanair operated over 71,500 flights in October with an 84% load… more
-
TAP’s Slot Hoarding Blocks Lisbon Growth And Forces Loss Of 700 Lisbon Flights This Winter
Ryanair, Europe’s largest and greenest airline, today (15 Oct) confirmed it has been forced to cancel 700 flights and three Lisbon routes (to Tours, Oujda and Bari) this Winter due to TAP’s continued hoarding of take-off and landing slots (which TAP does not use) at Lisbon Portela Airport. This anti-competitive “slot blocking” has prevented Ryanair… more
-
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… more
-
Ryanair Welcomes EU Court Ruling On Condor State Aid
Ryanair today (9 June) welcomed the EU General Court’s annulment of the European Commission’s approval of State aid by Germany to Condor. In April 2020, the German government granted a €550m loan to Condor, which had already benefited from a €380m rescue loan from Germany in 2019 following the bankruptcy of its parent company, Thomas… more
-
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
-
Ryanair Orders 75 Boeing Max-8200 Aircraft (210 In Total)
Deliveries Start Early In 2021 And Run Until Dec. 2024 Value Of 210 X 737 Firm Order Exceeds $22 Billion Ryanair, Europe’s largest airline, today (3 Dec. 2020) signed a purchase agreement with Boeing for 75 new MAX-8200 aircraft, which increases its firm order for the Boeing “Gamechanger” aircraft from 135 to 210, with a… more