Reading Time: < 1 minute Last week Ryanair’s CEO revealed about potential Lauda’s switch from all-Airbus to all-Boeing fleet, whereas this week the company has said that there is a possibility of Lauda’s Vienna base closure. In a statement, Ryanair Group provided that in the fiscal year 2020 Lauda underperformed with fares lower than expected. This happened because of fierce […]

Reading Time: 2 minutes Since the middle of March, Ryanair Group has almost entire fleet grounded. The duration and impacts of the crisis provoked by the pandemic are yet undetermined. However, the Group is determined to “weather Covid-19 and emerge stronger when the crisis passes”. Dramatically low demand, travel restrictions and fleet grounding reduced Ryanair Group’s traffic by over […]

Reading Time: < 1 minute In a way, the current situation of airlines restructuring their fleets reminds of a chess game. A number of moves, including aircraft retirements, parking or storage, are taking place. Carriers are also deferring or cancelling their orders for new planes, or simplifying their fleets by switching to a single-type aircraft. This is the case of, […]

Reading Time: < 1 minute The spread of the coronavirus has put Ryanair in huge crisis as well. The carrier has already began slashing the capacity across all the airlines of its Group by 80%. From 24 March it expects to ground the “most if not all Ryanair Group flights, except for a very small number of flights to maintain […]