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Ryanair Appeals Bogus CPA Fine Calls On HU Govt. To Scrap “Excess Profits” Tax On Loss Making Airline Sector
Ryanair, Hungary’s No.1 airline, today (13th Sep) called on the Hungarian Govt to explain why its idiotic “excess profits” tax was levied on the airline industry which has reported record losses over the last 2 years due to Covid and the Ukraine war. It makes no sense to impose an “excess profits” tax where “excess… more
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Ryanair Appeals Hungary’s Baseless ‘Excess Profits’ Tax Fine
Ryanair, Hungary’s no. 1 airline, confirmed this morning (24 Aug) that it has appealed the baseless fine first announced by the Hungarian Justice Minister, yet allegedly imposed by the Hungarian Consumer Protection Agency (CPA) on 8 August last. Last June, the Hungarian Govt imposed an “excess profits” tax on the airline industry despite the fact… more
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Ryanair Inspires Hungarian Customers With End-Of-Summer City Getaways From Just 7199HUF
Ryanair, Europe’s No 1 airline, is today (19 Aug) inspiring its Hungarian customers with its top 3 destinations for a well-deserved city getaway this September/October, with fares from just 7199HUF. Make the most of the last days of summer by exploring vibrant and exciting sights around Europe’s top cities, including Bergamo, Prague and Marseille. With… more
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Ryanair Closes 8 Hungary Routes & Cuts Frequency On 7 Others In Response To Bizarre “Excess Profits” Tax On Airlines Reporting Record Losses Due To Covid
Ryanair, Hungary’s no. 1 airline, today (12 Aug) announced that it will cancel 8 routes and cut flights on a further 7 routes from its Budapest base this winter in direct response to the Hungarian Govt’s stupid and bizarre “excess profits” tax on airlines (who have reported record losses during Covid) and Hungarian citizens/visitors. This… more
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Ryanair July Traffic Grows To 16.8m Guests
Ryanair Holdings plc today (Wed, 3 Aug) released July traffic statistics as follows: Ryanair operated approx. 92,300 flights in July 22. more
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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