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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… more
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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 the lowest fares to their exchange projects. This partnership offers Erasmus students a dedicated ESN booking platform on the Ryanair.com… more
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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 the SEPLA (Spain) and SNPL (France) unions deliver accelerated pay restoration and future improvements to pay in each year up… more
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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 Ukraine on 24 Feb. more
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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 false claims about his ‘excess profits’ tax, which will penalise Hungarian visitors and families from 1 July next. On Saturday… more
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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 refund. These seats will now be reoffered for sale to Hungarian families. The balance of over 97% have chosen to… more
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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, Márton Nagy, to explain why; Airlines are being levied an excess profits ‘tax’, to ‘protect Hungarian families’, when airlines are… more