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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 Orders 75 Boeing Max-8200 Aircraft (210 In Total)
Deliveries Start Early In 2021 And Run Until Dec. 2024 Value Of 210 X 737 Firm Order Exceeds $22 Billion Ryanair, Europe’s largest airline, today (3 Dec. 2020) signed a purchase agreement with Boeing for 75 new MAX-8200 aircraft, which increases its firm order for the Boeing “Gamechanger” aircraft from 135 to 210, with a… more
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Ryanair Reports H1 Loss Of €197m As Traffic Falls 80% To 17m
Ryanair Holdings plc today (2 Nov.) reported a H1 loss of €197m, compared to a PY H1 profit of €1.15bn. Highlights of this 6-month period include: 99% of the fleet grounded from mid-March to end June. Successful return to service implemented 1 July. H1 traffic fell from 86m to 17m. Cost reduction measures implemented across… more
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Ryanair Launches A Frighteningly Good Set Sale This Halloween! 50,000 Seats At Just €9.99
Ryanair, Europe’s No. 1 airline, is today (Friday, 30th Oct) launching a spooktacular Halloween offer of 50,000 seats, at €9.99.Treat yourself to a winter break you deserve, a family or friends city break or visit some long lost faces this winter. Customers have until midnight Halloween night (31st Oct) to avail of these terrifyingly good… more
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Ryanair To Cancel Up To 25% Of Italian Short Haul Flights From 17th Mar To 8th Apr
All Affected Passengers Contacted By Email Today Ryanair today (Mon 2 Mar) notified passengers that it was reducing its short haul flight program (mainly to and from Italy) by up to 25% for a 3 week period from Tues 17th Mar to Wed 8th Apr, in response to the Covid-19 Virus. Over the past week,… more
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Ryanair Reports Q3 Net Profit Of €88m
Due To Stronger Christmas/New Year Traffic. Ryanair Holdings plc today (3 Feb.) reported a Q3 profit of €88m, compared to a €66m loss in the same quarter last year. Highlights include: Traffic grew 6% to 36m guests. Revenue per guest rose 13% (9% higher fares; ancillary rev. up 21%). Over 90% of flights arrived… more