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Ryanair Welcomes Hungarian Court Ruling To Annul €763,000 Fine By The Hungarian Consumer Protection Authority (CPA)
Ryanair, Hungary’s No. 1 airline, today (1st June) welcomes a ruling by the Metropolitan Court of Budapest, which annulled the bogus fine of €763,000 raised by the Hungarian CPA in August 2022 after Ryanair passed the Hungarian Govt’s “excess profit” tax of €10 per departing passenger to consumers. At the time, Ryanair condemned this “excess… more
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RYANAIR DELIVERS 1.1M PASSENGER PETITION TO EU COMMISSION
“PROTECT OVERFLIGHTS – KEEP EU SKIES OPEN” Ryanair, Europe’s No. 1 airline, today (31st May) delivered its ‘Protect Overflights: Keep EU Skies Open’ petition to EU Commission President, Ursula von der Leyen’s office, having collected more than 1.1 million signatures from fed-up passengers demanding that the EU Commission protect overflights and EU citizens’ freedom of… more
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Ryanair Welcomes EU Court Ruling On Italian State Aid
Ryanair, Italy’s No.1 airline, today (24 May) welcomed the EU General Court’s ruling on discriminatory State aid favouring Italian airlines over other EU airlines. The Italian government granted a €130m aid package only to airlines holding an operating licence issued by Italy. While the Covid-19 crisis caused serious damage to all airlines, many national governments,… more
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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