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Ryanair Reports Q3 Loss Of €20m (Excl Lauda) Lower Fares Leads To Stronger Growth As Competitors Fail
Ryanair today (4 Feb.) reported a Q3 net loss of €20m (excl. Lauda). Strong traffic growth (+8%) to 33m was offset by a 6% decline in ave. fares due to excess winter capacity in Europe. Stronger ancillary revenue growth (+26%) was offset by higher fuel, staff and EU261 costs. Q3 Results (IFRS)* Dec. 31, 2017 Dec. 31, 2018 % Change Guests 30.4m 32.7m +8% Load Factor 96% 96% 0% Revenue €1.41bn €1.53bn +9% PAT/ (Net … more
Laudamotion Announces Ryanair Acquires 100% Shareholding
Lauda commits to 24 aircraft in S19 & signs LOI to grow to 30 aircraft in S20 Lauda traffic to grow from 4m in year 1 to 6m in year 2 Laudamotion, Austria’s No. 1 … more
Ryanair Spanish Cabin Crew Vote (99%) For Recognition Agreement
Ryanair today (Tue 29 Jan) confirmed that its directly employed Cabin Crew in Spain have voted by a majority of 99% in favour of a recognition agreement with SITCPLA and USO, to cover all of … more
Ryanair Launches Massive 20% Off Sale To Beat Blue Monday
Ryanair, Europe’s No. 1 airline, today (21 Jan) launched a huge Blue Monday sale with up to 20% off a million seats across its entire network for travel between February and May, allowing customers to beat … more
Ryanair Celebrates Over 250,000 Erasmus Student Network Bookings
Erasmus Students Save Over €7.5m So Far With Ryanair Ryanair, Europe’s No.1 airline, today (18 Jan) celebrated over 250,000 bookings by Erasmus Student Network members on its exclusive platform, at its latest student mobility event … more
Ryanair Launches Massive Spring Seat Sale
Up To €30 Off Return Flights Ryanair, Europe’s No. 1 airline, today (8 Jan) launched a massive Spring seat sale, offering up to €30 off return flights across its European network, ensuring its customers enjoy spring … more
Ryanair Dec Traffic Grows 12% To 10.3m Customers
Ryanair, Europe’s No.1 airline, today (3 Jan) released Dec traffic statistics as follows: December 2017 2018 (LF) Growth Total 9.3m 10.3m (95%) +12% Ryanair 9.3m 10.0m (95%) +9% Laudamotion – 0.3m (93%) – … more