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RYANAIR REPORTS FULL YEAR PROFIT OF €1.43BN DUE TO STRONG TRAFFIC RECOVERY & FAVOURABLE OIL HEDGES
Ryanair Holdings plc today (22 May) reported a Q4 loss of €154m but a full-year PAT of €1.43bn, compared to a PY loss of (€355m), due to strong FY traffic recovery, improving fares, industry leading cost base and advantageous fuel hedges. Ryanair’s Michael O’Leary, said: ENVIRONMENT: “Passengers who switch to Ryanair (from EU legacy airlines)… more
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RYANAIR LAUNCHES FLIGHTS ON AMADEUS TRAVEL PLATFORM
MARKET-LEADING ROUTE NETWORK, FREQUENCIES, AND FARES FOR CORPORATE TRAVEL Ryanair, Europe’s No.1 airline, announced today (18 May) that it has expanded its low-fare corporate travel offering to the Amadeus Travel Platform, with an unrivalled network of over 3,000 daily flights to over 235 destinations across 36 countries available for Amadeus’ extensive B2B customer base to… more
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RYANAIR WELCOMES EU COURT RULINGS ON LUFTHANSA AND SAS STATE AID
Ryanair today (10 May) welcomed the EU General Court’s rulings on discriminatory State aid favoring Lufthansa and SAS over other EU airlines. The German government granted a blockbuster €6bn recapitalization aid package to Lufthansa, while the Swedish and Danish governments recapitalized SAS to the tune of €1bn. While the Covid-19 crisis caused serious damage to… more
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RYANAIR ORDERS 300 BOEING 737-MAX-10 AIRCRAFT WORTH $40BN
10,000 NEW JOBS TO BE CREATED AS ANNUAL TRAFFIC GROWS 80% TO 300MPA BY 2034 Ryanair Holdings plc today (9 May 2023) ordered 300 new Boeing 737-MAX-10 aircraft (150 firm and 150 options) for delivery between 2027 to 2033. When finalised, and subject to all options being exercised, this deal is valued at over $40bn… more
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Ryanair & Repsol Sign Major Sustainable Fuel Agreement
Ryanair, Europe’s largest airline and global energy group, Repsol, today (4 May) signed a Memo of Understanding (MOU) to advance the supply of sustainable aviation fuel (SAF) at Ryanair airports across Spain & Portugal further advancing the airline’s Pathway to Net Zero strategy. While SAF is a key enabler of aviation decarbonisation, it only accounts… more
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Ryanair And Over 700,000 Passengers Call On EU Commission To Protect Overflights After 52nd Day Of French ATC Strikes In 2023
President Von Der Leyen Nowhere To Be Seen As Over 4,000 Flights Cancelled & 730,000 Passengers Impacted By French ATC Strikes Ryanair, Europe’s No. 1 airline, and the fed-up passengers of Europe have today (04 May) called on the EU Commission yet again to take immediate action to protect European citizen’s Freedom of Movement and… more
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Ryanair April Traffic Grows 13% To 16.0M Guests
Ryanair Holdings plc today (Wed, 3 May) released Apr 2023 traffic stats as follows: Ryanair operated over 89,650 flights in Apr 2023. Regrettably, over 650 flights (approx. 118,000 guests) were cancelled due to French ATC strikes in April. We call all EU citizens to sign our “Protect Overflights” petition on www.ryanair.com to force the… more