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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 business. Successful €1.25bn financing raised in Sep. (equity placing & eurobond). Cash prioritised. Closing cash €4.5bn. Over €1.5bn debt due … 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
Ryanair Returns To Oradea In Winter 2020
Four New Routes Extended Through Summer 2021 Ryanair, Europe’s No.1 airline, today (29 Sept) announced it is returning to Oradea in Winter 2020 with the launch of 4 routes to London Stansted, Milan Bergamo, Bologna … more
Ryanair Relaunches Bucharest To Timisoara Route
Ryanair, Europe’s no.1 airline, today (Thurs, 30 July) announced the relaunch of the Bucharest to Timisoara route commencing 4 Sept and operating three times weekly, as part of its Summer 20 schedule. Our Romanian customers … more
Ryanair Launches New Route From Bucharest To Palma
Two Weekly Flights Commencing In Summer 2021 Ryanair, Europe’s no.1 airline, today (Fri, 24 July) announced a new route from Romania to Spain, commencing 28 March as part of its summer 2021 schedule. The new … more
Ryanair Launches New Route From Palma To Bucharest
Two Weekly Flights Commencing In Summer 2021 Ryanair, Europe’s no.1 airline, today (Fri, 24 July) announced a new route from Spain to Romania, commencing 28 March as part of its summer 2021 schedule. The new … more