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RYANAIR REPORTS Q1 PAT OF €170M AS TRAFFIC RECOVERS STRONGLY POST-COVID BUT AT LOWER FARES

Ryanair Holdings today (25 July) reported a Q1 PAT of €170m (pre-exceptionals), compared to a prior year Q1 loss of €273m, but well below the €243m PAT reported in Q1 FY20 (pre-Covid).    30 Jun. 2021 30 Jun. 2022 Change Customers 8.1m 45.5m +461% Load Factor 73% 92% +19pts Revenue €0.37bn €2.60bn +602% Op. Costs €0.68bn €2.38bn* +253% Net (Loss)/ PAT (€273m) €170m* n/m EPS (euro cent) (24.16) 16.53 n/m * Non-IFRS financial measure, excl. … more

News 25 Jul 2022

Ryanair & ESN Announce Year 6 Of Partnership

Over 600,000 ESN Bookings In 6 Years Ryanair, Europe’s No.1 airline, and the Erasmus Student Network (ESN) today (21 July) announced the sixth year of their partnership, which will help European students to travel at … more

News 21 Jul 2022

Ryanair Reaches 5 Year Agreements With Spanish And French Pilot Unions

Ryanair has today (21 Jul) welcomed the ballot approval by its Spanish based pilots on post-Covid pay restoration, which follows the recent acceptance by its French based pilots of a similar agreement. These agreements with … more

News 21 Jul 2022

RYANAIR JUNE TRAFFIC GROWS TO 15.9M GUESTS

    Ryanair Holdings plc today (Mon, 4 Jul) released June traffic statistics as follows: 1 Dec, Jan & Feb traffic was damaged by Omicron restrictions. 2 Mar traffic was damaged by the Russian invasion of … more

News 04 Jul 2022

Ryanair Calls On Minister Márton Nagy To Apologise For Misleading Hungarian Families

Minister Nagy Should Scrap His Dishonest ‘Excess Profits’ Tax Ryanair, Hungary’s No.1 airline, today (20 June) called on Minister of Economic Development, Márton Nagy, to apologise to Hungarian visitors and families for misleading them with … more

News 20 Jun 2022

False Claims Made in Magyar Nemzet

These claims in Magyar Nemzet are false and clearly invented. Less than 3% of Ryanair passengers due to travel after 1 July have taken up the option to cancel their flight and receive a full … more

17 Jun 2022

Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax On Loss-Making Airlines

Calls On Minister Nagy To Explain Why Airlines Who Reported Record Losses Due To Covid And Ukraine Are Suffering An ‘Excess Profits’ Tax Ryanair, Hungary’s No.1 airline, this morning called on Minister of Economic Development, … more

News 14 Jun 2022