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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 and Portugal; – Lower Q3 fares as forward bookings (particularly for the Oct school mid-terms and Christmas) and customer confidence … more
Ryanair To Open 2 New French Bases At Bordeaux & Marseille
4 New Aircraft For France, $400m Investment Ryanair, Europe’s No.1 airline, today (27 Sept) announced significant expansion in France, launching 2 new bases at Bordeaux and Marseille as part of its Summer 2019 schedule, with … more
Ryanair Publishes Its Offer To Pilots & Cabin Crew
& Submits Competition Complaint To EU Commission Over Competitor Airline Pilots/Cabin Crew Interference In Its Trade Union Negotiations Ryanair has today (Wed 26 Sept) published its offer to pilots and cabin crew in order to set the … more
Ryanair Pre-Cancels Under 190 Of 2,400 (8%) Scheduled Flights On Fri 28th Sept
Over 90% Of Scheduled Flights Are Unaffected Ryanair today (25 Sept) advised customers that it has pre-cancelled 190 (8%) of its 2,400 scheduled flights on Fri 28th due to a unnecessary strike by a … more
Ryanair Agrees Cabin Crew Collective Labour Agreement (CLA) For Italy
Ryanair today (25 Sep) confirmed that it has agreed a Collective Labour Agreement (CLA) with the 3 main cabin crew unions FIT CISL, ANPAC, and ANPAV, to cover all Ryanair’s Italian based cabin crew from … more
Ryanair Shareholders Approve All Resolutions by Large Majorities at its AGM
Ryanair Holdings Plc today (20 Sept) held its 2018 AGM, during which shareholders approved all resolutions by large majorities. Details of the voting is set out in the table below. As previously disclosed in the … more
Ryanair Welcomes French Supreme Court Ruling In Marseille Case
Ryanair today (19 Sept) welcomed the French Supreme Court ruling in the Marseille employment case, which confirmed Ryanair’s position that the E101 certificates issued by Ireland in respect of its pilots and cabin crew who … more