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RYANAIR REPORTS Q3 NET PROFIT OF €15M
YEAR TO DATE (9 MONTH) PROFITS UP 39% TO €2.19BN Ryanair Holdings today (29 Jan.) reported a Q3 PAT of €15m, compared to a bumper prior year Q3 PAT of €211m, as higher fuel costs offset revenue gains. While traffic and fares were ahead of prior year, close-in Christmas/New Year loads and yields were softer… more
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ROBERTA NERI TO JOIN BOARD OF RYANAIR HOLDINGS PLC
The Board of Ryanair Holdings plc today (23 Jan.) announced that Ms. Roberta Neri, an Italian citizen, has agreed to join the Board as a non-executive director effective from 1 Feb. 2024. Ms. Neri is a former CEO of ENAV, the Italian Air Navigation Services provider, where she managed the IPO process on the Italian… more
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RYANAIR AND ENILIVE: A COMMON GOAL TO FUEL A MORE SUSTAINABLE AVIATION
Ryanair, Europe’s no.1 airline, and Enilive, a company directly controlled by Eni which holds 100% of its share capital, announced today (22 Jan) that they have signed a Letter of Intent (LOI) for the long-term supply of Enilive sustainable aviation fuel (SAF) at selected Ryanair airports across Italy, further advancing the airline’s Pathway to Net… more
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RYANAIR DECEMBER TRAFFIC GROWS 9% TO 12.5M GUESTS
Ryanair Holdings plc today (Wed, 3 Jan) released December 2023 traffic stats as follows: OTA Pirate Update: In early Dec, most of the larger OTA Pirates (such as Booking.com, Kiwi, Kayak, etc.) suddenly removed Ryanair’s flights from sale on their websites. This welcome removal may be the result of pressure from Consumer Protection Agencies or… more
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RYANAIR WELCOMES EU COURT RULINGS ON AIR FRANCE-KLM STATE AID
Ryanair today (20 Dec) welcomed the EU General Court’s rulings that €7bn Covid-19 State aid granted to Air France-KLM in 2020 and €4bn in 2021 was illegal. Ryanair now calls on the European Commission to order France to immediately recover this multi-billion euro illegal State aid package from Air France-KLM and impose adequate remedies to… more
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RYANAIR ANNOUNCES NEW CORPORATE TRAVEL AGREEMENT WITH SAP CONCUR
INDUSTRY-LEADING ROUTE NETWORK, FREQUENCIES, AND FARES FOR CORPORATE TRAVEL Ryanair, Europe’s No. 1 airline, has today (15 Dec) announced a ground-breaking new agreement with SAP Concur, the world’s leading brand for travel, expense, and invoice management, to integrate Ryanair’s low fares and unrivalled network of over 3,300 daily flights to over 230 destinations across 36… more
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