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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 Celebrates The Opening Of Its New Chania Base 42 Routes – 18 New – Commence This July For Summer ’21
Ryanair, Europe’s No.1 airline, today (01 July) celebrated the opening of its new Chania base. With one based aircraft, 107 weekly flights across 42 routes – including 18 new – the opening of this new … more
Ryanair Celebrates The Launch Of Cyprus’ Summer Schedule – Its Biggest Yet!
2 Airports, 36 Routes In Total, 6 New, 114 Weekly Flights Ryanair, Europe’s No.1 airline, today (1 July) celebrated the launch of its biggest ever Summer schedule in Cyprus. Operating 36 routes from two airports, … more
Η Ryanair Γιορταζει Το Μεγαλυτερο Καλοκαιρινο Προγραμμα Που Πραγματοποιησε Ποτε Απο Την Κυπρο
2 Αεροδρομια, 36 Δρομολογια, 6 Νεα, 114 Πτησεις Τη Βδομαδα Η Ryanair, η No.1 αερογραμμή της Ευρώπης, γιόρτασε σήμερα (1η Ιουλίου) το μεγαλύτερο καλοκαιρινό πρόγραμμα που δημιούργησε ποτέ για την Κύπρο. Πραγματοποιώντας 36 δρομολόγια από … 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 … more
Ryanair Welcomes EU Court Rulings On Air France-KLM And TAP State Aid
Ryanair today (19 May) welcomed the EU General Court’s rulings that State aid measures favouring Air France-KLM and TAP were in breach of EU law. The enormous amounts of State aid received by each airline … 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 … more