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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 Group airlines. Unprecedented backlog of Covid customer requests/refunds processed. Job losses minimised via engagement with our people & unions. B737-8200 … more
Ryanair Launches New Route To Corfu From Bucharest This Summer
Ryanair, Europe’s No.1 airline, today (20 Apr) announced a new route from Bucharest to Corfu, operating twice weekly from July, as part of Ryanair’s Romanian Summer ’21 Schedule. Romanian consumers can now book a summer … more
Ryanair Launches Three New Romanian Routes For Summer ‘21
Ryanair, Europe’s No.1 airline, today (1 Apr) announced three new Romanian routes to / from Alghero, Rome Ciampino and Milan Bergamo (all starting in July) as part of Ryanair’s Romanian Summer 2021 schedule. Romanian consumers … more
Ryanair Starts Flying From Suceava And Sibiu With Four Routes In Summer ‘21
Ryanair, Europe’s No.1 airline, today (16 Mar) announced it is starting operations from Suceava and Sibiu with two routes from each airport flying twice per week as part of Ryanair’s Romanian Summer 2021 schedule. These … more
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 … more
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 … more
Ryanair Launches New Bucharest Route To Manchester For Summer 21
Ryanair, Europe’s No.1 airline, today (29 Oct) announced a new Bucharest route to Manchester, offering three flights every week. This new route will commence on 29th March 2021 as part of Ryanair’s Bucharest Summer 2021 … more