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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 Group airlines. Unprecedented backlog of Covid customer requests/refunds processed. Job losses minimised via engagement with our people & unions. B737-8200 … more
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 … more
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 – … more
Ryanair & Trinity College Launch SAF Centre Ryanair Commits To 12.5% SAF Goal By 2030
Trinity College Dublin in partnership with Ryanair, EU’s greenest airline, today (29 April) announced the launch of the Ryanair Sustainable Aviation Research Centre. This landmark initiative – the first of its kind in Ireland – … more
Ryanair Launches 500 Routes For Summer 2022 To A Host Of Popular Destinations
Ryanair, Europe’s no. 1 airline, today (27 April) announced the early release of its Summer 2022 schedule, which includes over 10,000 flights per week across 500 routes to its most popular destinations, with further routes … more
Ryanair To Appeal EU Court Rulings On Finnair And SAS State Aid
Ryanair today (14 Apr) noted the EU General Court’s rulings on Finnish, Danish and Swedish State aid favouring Finnair and SAS over all other EU airlines. The Finnish government granted a €600m loan guarantee to … more
Ryanair March Traffic Down 91% To 0.5m Guests
77% Load Factor As Covid-19 Continues To Impact Traffic Ryanair Holdings plc today (6 Apr) released March traffic statistics as follows: 2020 2021 Growth Ryanair Group 5.5m 0.5m -91% … more