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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 To Appeal Eu Court Ruling On Austrian Airlines State Aid
Ryanair today (14 July) noted the EU General Court’s ruling on discriminatory State aid favouring Austrian Airlines, a subsidiary of the Lufthansa Group which in June 2020 was granted €150m aid by the Austrian government. … more
Ryanair Announces 2,000 New Pilot Jobs
Ryanair, Europe’s No. 1 airline, today (12th July) announced a recruitment drive for 2,000 new pilots to crew aircraft deliveries over the next 3 years as Ryanair recovers and rebuilds from the Covid-19 pandemic. Ryanair … more
Ryanair Launches ‘Buy One Get One Free’ Summer Deal
Take Your Friend On A Break For Free! Ryanair, Europe’s No. 1 airline, is today (Wed, 7th July) launching a ‘Buy One Get One Free’ offer on 1,100 routes across its network for travel in … more
Ryanair Selects Seven Candidates From Six Countries For Its First Customer Advisory Panel
Ryanair, Europe’s no.1 airline for low fares, choice, on-time flights and customer service, today (06 July) announced its Customer Advisory Panel, comprising seven customers from six European countries. Having received over 10,000 applicants from 16 … more
Ryanair June Traffic Jumps From 0.4m To 5.3m Guests
72% Load Factor As Covid Vaccines See EU Recovery Begin Ryanair Holdings plc today (2 July) released June traffic statistics as follows: JUN 2020 JUN 2021 LOAD FACTOR Ryanair Group 0.4m 5.3m 72% … more
Ryanair Takes Delivery Of 1st Boeing 737 “Gamechanger” Aircraft
New Fleet Cuts Fuel By 16%, Reduces Noise By 40% Ryanair, Europe’s No. 1 airline, today (Wed 16th June) took delivery of its first Boeing 737-8200 “Gamechanger” aircraft in Seattle, Washington. The aircraft flew overnight … more