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Ryanair Reports Q1 Loss Of €185m As Traffic Falls By 99%
Covid-19 Grounds 99% Of Fleet – 40% Of Flights Resume 1 July Ryanair Holdings plc today (27 July) reported a Q1 loss of €185m, compared to a PY Q1 net profit of €243m. Highlights of Q1 include: Over 99% of the fleet grounded from mid-March to end June. Q1 traffic fell from 42m to 0.5m. Group airlines operated repatriation, rescue & medical emergency flights. Cash preservation prioritised – closing cash €3.9bn Cost reduction measures … more
Ryanair Extends The Removal Of Its Flight Change Fee To All New September Bookings
Ryanair, Europe’s No.1 airline, today (Friday 17 July) announced it will extend the waiving of its flight change fee for all customers who book to travel in Sept – already in place for new July … more
Ryanair’s Director of Engineering and his Team Work to the Highest Safety Standards
During lockdown, Ryanair’s engineers worked around the clock to maintain its fleet The Covid-19 lockdown presented a unique challenge for Ryanair’s engineers. With European skies eerily quiet as the aviation industry ground to a halt, … more
Ryanair June Traffic Falls 97% To 0.4m Guests
COVID-19 AIRSPACE CLOSURES CONTINUE TO IMPACT TRAFFIC Ryanair Holdings plc today (2 July) released June traffic statistics as follows: 2019 2020 Growth Ryanair Group 14.2m 0.4m -97% Ryanair 13.6m 0.4m -97% Lauda 0.6m 0.0m … more
Ryanair & UK Pilot Union BALPA agree on Pay Cuts to save UK Jobs
Ryanair today (2 July) welcomed BALPA’s acceptance for UK Pilots of a 4-year agreement, which includes a 20% pay reduction restored over 4 years, along with productivity improvements on rosters, flexible working patterns and annual … more
Ryanair Flying High In July
Over 1,000 Daily Low Fare Flights Across Europe Ryanair, Europe’s No.1 airline, today (Wed 1st July) celebrated its return to flying with over 1,000 daily flights all across Europe, to get European tourism moving again. … more
Ryanair To Appeal Wizz Air’s Desperate Buzz Injunction In Hungary
Ryanair, Europe’s largest airline group, today (Tues, 30th June) announced that it will appeal Wizz Air’s desperate interim injunction to block Buzz, a subsidiary of the Ryanair Group, from using its “Buzz” brand in Hungary. … more