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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
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Ryanair To Double Its Presence In Rome Fiumicino This Summer Confirming Its Commitment To Rome
Three More Aircraft, 21 Routes (6 New) & Over 65 Extra Weekly Flights Ryanair, Italy’s No.1 airline, today (08 June) announced the addition of three based aircraft, six new routes and over 65 flights every week from Rome Fiumicino to a host of domestic and international destinations. This represents a further investment of $300m, which… more
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Ryanair May Traffic Jumps From 0.07m To 1.8m Guests
79% Load Factor As Covid Vaccines See EU Recovery Begin Ryanair Holdings plc today (2 June) released May traffic statistics as follows: 2020 2021 Growth(1) Ryanair Group 0.07m 1.8m – Rolling Annual 121.0m 30.2m (72% LF) -75% Ryanair operated over 12,000 flights in May with a… more
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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
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Ryanair Launches New Customer Advisory Panel
Invites Customers To Apply Before May 31st Ryanair, Europe’s no.1 airline for low fares, choice, on-time flights and customer service, today (13 May), announced the launch of a new Customer Advisory Panel that will invite Ryanair customers all over Europe to come together to provide feedback and recommendations that will help Ryanair continue to improve… more
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Ryanair April Traffic Up From 0.04m To 1.0m Guests
67% Load Factor As Covid-19 Continues To Impact Traffic Ryanair Holdings plc today (5 May) released April traffic statistics as follows: 2020 2021 Growth Ryanair Group 0.04m 1.0m – Rolling Annual 135.1m 28.5m (71% LF) -79% Ryanair operated over 8,000 flights in April with a 67% load… more
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Ryanair Launches 500 Routes For Summer 2022 To A Host Of Popular Destinations
Ryanair, Europe’s no. 1 airline, today (27 April) announced the early release of its Summer 2022 schedule, which includes over 10,000 flights per week across 500 routes to its most popular destinations, with further routes to be announced in the coming months. All routes can be booked as far out as October 2022. Ryanair looks… more