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Ryanair Reports Q3 Loss Of €306m As Traffic Falls 78%
Ryanair Holdings plc today (1 Feb.) reported a Q3 loss of €306m, compared to a PY Q3 profit of €88m. Features of this 3-month period to 31 Dec. included: Q3 traffic fell from 36m to 8m (-78%). €3.5bn cash at quarter end (31 Dec.). Cost reduction & liquidity management continues at all Group airlines.… more
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Ryanair Extends Zero Change Fee For Bookings Before 31st March
“Book Now And If Your Plans Change So Can Your Booking” Ryanair, Europe’s No.1 airline, today (26 Jan) announced it is extending its € zero flight change fee for all customers who book before 31st Mar 2021. It is also allowing up to two booking date moves until 31st Oct 2021. In light of ever-changing Covid… more
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Ryanair Disagrees (But Will Comply) With Baseless ASA Ruling
Ryanair respectfully disagrees with the ASA’s decision on Ryanair’s “Jab & Go” ad campaign, as the advert is both factual and accurate, it promotes bookings for “Easter and Summer 2021” on the basis that vaccines are coming, which is exactly what PM Boris Johnson has confirmed. Not only are vaccines coming but the UK Govt… more
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Ryanair Cuts Full Year (To Mar 21) Traffic Forecast From “Below 35m” To “Below 30m” As New Covid Lockdowns & Travel Restrictions Announced By Irish & UK Govts
Ryanair, Europe’s largest airline, today (Thurs 7th Jan) briefed the markets that it now expects the newly announced Covid lockdowns in Ireland, the UK, and a small number of other EU countries this week, will materially reduce its flight schedules and traffic forecast through Jan, Feb & Mar. Ryanair now expects its Jan traffic to… more
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92% Of Ryanair Flights Arrived On Time In December
89% Of Customers Rate Ryanair Excellent / Very Good / Good Ryanair today (06 Jan) released its monthly customer service statistics, showing that 92% of December flights arrived on-time. In an era when customer confidence needs to be restored in air travel, as Europe’s no. 1 airline, Ryanair continues to ensure they meet their customer’s… more
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Ryanair December Traffic Down 83% To 1.9m Guests 73% Load Factor As Covid-19 Continues To Impact Traffic
Ryanair Holdings plc today (5 Jan) released December traffic statistics as follows: 2019 2020 Growth Ryanair Group 11.2m 1.9m -83% Rolling Annual 152.4m 52.1m (81% LF) -66% Ryanair operated approx. 22% of our normal December schedule with a 73% load factor. more
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UK CAA Bureaucracy Leads To A Closure Of 12 Uk Domestic And International Routes
Ryanair, Europe’s no. 1 airline, today (21 Dec) confirmed that it has been forced to cancel 12 UK domestic and international routes due to the UK Civil Aviation Authority’s (CAA) sudden change of policy on Sunday, 20 Dec that results in unjustified restrictions and makes the operation of these routes impossible. Only 10 days away from… more