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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
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Ryanair Launches Its Biggest Ever Summer Schedule From Cyprus
34 Routes In Total, 5 New, 106 Weekly Flights Ryanair, Europe’s No.1 airline, today (31 Mar) launched its biggest ever Summer schedule in Cyprus, with 34 routes in total, including 5 new routes to Bari, Bologna, Corfu, Rhodes (operating from July) & Venice Treviso (operating from June), which will help boost Cyprus’s air traffic and… more
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Η Ryanair Ανακοινωνει Το Μεγαλυτερο Καλοκαιρινο Προγραμμα Που Πραγματοποιησε Ποτε Απο Την Κυπρο
34 Δρομολογια, 5 Νεα, 106 Εβδομαδιαιες Πτησεις Η Ryanair, η No.1 αερογραμμή της Ευρώπης, ανακοίνωσε σήμερα το μεγαλύτερο καλοκαιρινό πρόγραμμα που δημιούργησε ποτέ για την Κύπρο με συνολικά 34 δρομολόγια. Ανάμεσα σε άλλα συμπεριλαμβάνονται 5 νέα δρομολόγια από και προς Μπάρι, Μπολόνια, Κέρκυρα, Ρόδο (ξεκινάει τον Ιούλιο) & Τρεβίζο (ξεκινάει τον Ιούνιο) τα οποία θα… 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 New Paphos To Vienna Winter Route
Ryanair, Europe’s No.1 airline, today (29 Jul) announced a new 2020 winter route Paphos – Vienna, with a twice weekly service commencing in October 2020, as part of Ryanair’s Winter 2020 schedule. Consumers and visitors can now book a winter getaway to Vienna as far out as March 2021, flying on the lowest fares and… more