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Ryanair May Traffic Jumps From 0.07m To 1.8m Guests
79% Load Factor As Covid Vaccines See EU Recovery Begin Ryanair Holdings plc today (2 June) released May traffic statistics as follows: 2020 2021 Growth(1) Ryanair Group 0.07m 1.8m – Rolling Annual 121.0m 30.2m (72% LF) -75% Ryanair operated over 12,000 flights in May with a… more
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Ryanair Welcomes EU Court Rulings On Air France-KLM And TAP State Aid
Ryanair today (19 May) welcomed the EU General Court’s rulings that State aid measures favouring Air France-KLM and TAP were in breach of EU law. The enormous amounts of State aid received by each airline are set out below: Airline € Air France-KLM 3.4bn TAP 1.2bn While the Covid-19 crisis has caused damage to… more
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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… more
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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… more
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Ryanair Launches New Customer Advisory Panel
Invites Customers To Apply Before May 31st Ryanair, Europe’s no.1 airline for low fares, choice, on-time flights and customer service, today (13 May), announced the launch of a new Customer Advisory Panel that will invite Ryanair customers all over Europe to come together to provide feedback and recommendations that will help Ryanair continue to improve… more
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Ryanair Opens Base In Stockholm Arlanda For Winter ‘21
Two Based Aircraft, $200m Investment, 21 New Routes Ryanair, Europe’s No.1 airline, today (6th May) announced a new base opening in Stockholm Arlanda with two based aircraft, 89 departing flights per week, and 21 new routes to a host of international destinations across Europe from October ‘21. This new base represents a $200m investment and… more
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Ryanair April Traffic Up From 0.04m To 1.0m Guests
67% Load Factor As Covid-19 Continues To Impact Traffic Ryanair Holdings plc today (5 May) released April traffic statistics as follows: 2020 2021 Growth Ryanair Group 0.04m 1.0m – Rolling Annual 135.1m 28.5m (71% LF) -79% Ryanair operated over 8,000 flights in April with a 67% load… more