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Ryanair Launches Electric Handling In 11 Major European Airports
Enabling Zero Emission Handling – Further Reducing Co2 Emissions Ryanair, Europe’s no. 1 airline, has today (27 Oct) launched electric handling at eleven major European airports – Alicante, Barcelona, Madrid, Malaga, Mallorca, Seville, Santiago, Valencia, Amsterdam Schipol, Gothenburg-Landvetter and Oslo – enabling zero emission turnarounds. These latest industry-leading developments represent a significant investment in sustainable… more
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TAP’s Slot Hoarding Blocks Lisbon Growth And Forces Loss Of 700 Lisbon Flights This Winter
Ryanair, Europe’s largest and greenest airline, today (15 Oct) confirmed it has been forced to cancel 700 flights and three Lisbon routes (to Tours, Oujda and Bari) this Winter due to TAP’s continued hoarding of take-off and landing slots (which TAP does not use) at Lisbon Portela Airport. This anti-competitive “slot blocking” has prevented Ryanair… more
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Ryanair September Traffic Rises To 10.6m Guests
Ryanair Holdings plc today (Mon, 4 Oct) released September traffic statistics as follows: RYR GROUP SEP 2020 SEP 2021 TRAFFIC 5.2m 10.6m L. FACTOR 71% 81% GUESTS LOAD FACTOR July 9.3m 80% August 11.1m 82% September 10.6m 81% Ryanair operated over 69,500 flights in September with an 81% load factor. more
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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… more
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Ryanair Welcomes EU Court Ruling On Condor State Aid
Ryanair today (9 June) welcomed the EU General Court’s annulment of the European Commission’s approval of State aid by Germany to Condor. In April 2020, the German government granted a €550m loan to Condor, which had already benefited from a €380m rescue loan from Germany in 2019 following the bankruptcy of its parent company, Thomas… more
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Ryanair Welcomes EU Court Rulings On Air France-KLM And TAP State Aid
Ryanair today (19 May) welcomed the EU General Court’s rulings that State aid measures favouring Air France-KLM and TAP were in breach of EU law. The enormous amounts of State aid received by each airline are set out below: Airline € Air France-KLM 3.4bn TAP 1.2bn While the Covid-19 crisis has caused damage to… more
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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