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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 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 New Customer Advisory Panel
Invites Customers To Apply Before May 31st Ryanair, Europe’s no.1 airline for low fares, choice, on-time flights and customer service, today (13 May), announced the launch of a new Customer Advisory Panel that will invite Ryanair customers all over Europe to come together to provide feedback and recommendations that will help Ryanair continue to improve… more
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Ryanair April Traffic Up From 0.04m To 1.0m Guests
67% Load Factor As Covid-19 Continues To Impact Traffic Ryanair Holdings plc today (5 May) released April traffic statistics as follows: 2020 2021 Growth Ryanair Group 0.04m 1.0m – Rolling Annual 135.1m 28.5m (71% LF) -79% Ryanair operated over 8,000 flights in April with a 67% load… more
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Ryanair & Trinity College Launch SAF Centre Ryanair Commits To 12.5% SAF Goal By 2030
Trinity College Dublin in partnership with Ryanair, EU’s greenest airline, today (29 April) announced the launch of the Ryanair Sustainable Aviation Research Centre. This landmark initiative – the first of its kind in Ireland – has been made possible by a €1.5m donation which Trinity will use to seed a multi-disciplinary research team to engage… more
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Ryanair Launches 500 Routes For Summer 2022 To A Host Of Popular Destinations
Ryanair, Europe’s no. 1 airline, today (27 April) announced the early release of its Summer 2022 schedule, which includes over 10,000 flights per week across 500 routes to its most popular destinations, with further routes to be announced in the coming months. All routes can be booked as far out as October 2022. Ryanair looks… more
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Ryanair To Appeal EU Court Rulings On Finnair And SAS State Aid
Ryanair today (14 Apr) noted the EU General Court’s rulings on Finnish, Danish and Swedish State aid favouring Finnair and SAS over all other EU airlines. The Finnish government granted a €600m loan guarantee to Finnair which has benefited from more than €1.2bn in State aid since the beginning of the pandemic. The Danish and… more