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Ryanair Signs Agreement with Spanish Pilot Union SEPLA
Ryanair today (24 Oct) announced that it has signed a recognition agreement with the Spanish pilot union SEPLA, to cover all of Ryanair’s directly employed pilots in Spain. Negotiations with SEPLA on a full Collective Labour Agreement (CLA) under Spanish Law will now commence in early November and Spanish Labour Law will apply to all… more
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Ryanair Reports H1 Profit Down 7% To €1.20bn Lower Fares, Higher Oil & Eu261 Costs Leaves Fy19 Guidance Unchanged At €1.10bn – €1.20bn (Excl. Laudamotion)
Ryanair today (22 Oct.) reported a 7% fall in H1 profits (“PAT”) to €1.20bn (excl. Laudamotion losses). Average fares declined 3% due to excess capacity in Europe, an earlier Easter in Q1, repeated ATC strikes/staff shortages which caused a spike in cancellations of higher fare, weekend flights. Higher fuel, staff and EU261 costs have offset… more
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Ryanair Signs Agreement with Portuguese Pilot Union SPAC – BALPA (UK) Sign Seniority and Base Transfer Agreements
Ryanair today (Fri 19 Oct) announced that it has signed an agreement with the Portuguese pilot union SPAC, which will provide for seniority and base transfer agreements, to cover all of Ryanair’s directly employed pilots in Portugal. Negotiations with SPAC on a full CLA under Portuguese Law with local contracts will now commence before the… more
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Ryanair Kicks Off Year 2 Of Erasmus Student Network Partnership
Erasmus Students Save Over €5m So Far With Ryanair Ryanair, Europe’s favourite airline, today (8 Oct) officially launched the second year of its exclusive partnership with the Erasmus Student Network.. Delivered as part of Ryanair’s “Always Getting Better” programme, this partnership offers Erasmus students a dedicated ESN booking platform where they can avail of… more
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Ryanair welcomes Barcelona Court ruling confirming no EU 261 compensation is due during internal strikes
Ryanair, Europe’s No. 1 airline, today (4 Oct) welcomed the Commercial Court of Barcelona’s recent ruling confirming that no EU261 compensation is due to customers whose flights are cancelled because of internal strike action, as such strikes are beyond the airline’s control. Ryanair fully complies with all EU261 legislation and has re-accommodated or refunded all… more
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Ryanair Sep Traffic Grows 11% To 13.1m Customers
Includes 0.5m Lauda Traffic Ryanair, Europe’s No.1 airline, today (2 Oct) released September traffic statistics as follows: – Total traffic grew 11% to 13.1m with a 97% load factor – Ryanair traffic grew 6% to 12.6m customers with a 97% load factor – Lauda traffic was 0.5m customers with a 93% load factor – Two… more
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Ryanair Cuts Fy19 Guidance By 12% Due To Higher Oil Prices, Higher Eu261 Costs, & Weaker Fares Due To Recent Strikes
Ryanair today (1 Oct.) lowered its full year profit guidance (excluding Laudamotion) from a current range of €1.25bn – €1.35bn, to a new range of €1.10bn – €1.20bn due to: – Lower traffic and weaker close in fares in September, caused by 2 days of coordinated pilot/cabin crew strikes in Germany, Holland, Belgium, Spain… more