Tag: Ryanair

Ryanair Posts Full Year Net Income Of €1.316 Billion

Ryanair, Europe’s No. 1 airline, reported a 6% increase in full year net profit to €1.316bn. The combination of a 13% cut in average fares, coupled with Year 3 of the “Always Getting Better” (AGB) programme delivered 13% traffic growth to 120m customers, and an industry leading 94% load factor. Unit costs fell by 11% […]

EU Warns Airlines About Post-Brexit Access

Senior EU officials fear that the airline industry is “in denial” about the potential implications of Brexit, reports The Guardian today. Of chief concern is certain airlines’ continued ability to operate flights between member states once Britain leaves the EU. To do so, carriers must have a “significant” base within the EU and be majority-owned […]

Boeing Delivers 450th Next-Generation 737-800 to Ryanair

Boeing and Ryanair celebrated the delivery of the airline’s 450th Next-Generation 737-800. This significant milestone has been reached in less than two decades, with the Irish low-cost carrier taking an average delivery of 25 737-800s per year since 1999. “Ryanair is proud to partner with Boeing and has operated an all-Boeing fleet since 1994, said […]

Budget Airline Ryanair to Launch Flights to New York

Budget airline Ryanair is launching transatlantic flights to the US. The low-cost airline is teaming up with budget rival Norwegian to offer long-distance trips to customers from this summer. Air passengers will be able to book cheap flights from a range of UK airports to destinations including New York, New Jersey and Boston. They will […]

1,000 Flights Likely to Be Canceled as a Result of French ATC Strike

Many airlines will be severely affected by a week of disruption caused predominantly by striking French air traffic control (ATC) staff. While Air France has indicated that this will not affect long-haul routes and only a handful of medium-haul ones, flights to the south and west of the country will be badly hit. The French […]

Ryanair Calls On To Prevent French ATC Strikes

Ryanair, Europe’s No 1 airline, called on the French Government and European Commission to take immediate action to prevent the skies over Europe being closed yet again by French ATC unions. Ryanair regrets that it has been forced to cancel 45 flights on Monday (6 Mar) to/from/over France, with further cancellations possible and delays likely […]

Ryanair 3Q Profits Dip But Full-Year Figures Unchanged

Ireland-based low-cost carrier (LCC) Ryanair saw its third-quarter profits fall 8% compared to the same period in the previous year, as geopolitical events pushed more capacity into its market and yields fell. The LCC reported net profits of €95 million ($102 million) for the third quarter of its financial year ended Dec. 31, down from […]

Ryanair Threatens Stricter Cabin Bag Rules

Ryanair has threatened to scrap its second free bag policy because passengers are attempting to pack “half the contents of their home” into them. The low-cost airline began allowing customers to bring along an additional smaller cabin bag free of charge in October 2013 as part of an overhaul of fees and charges aimed at […]

Ryanair May Abandon UK Domestic Market On Brexit

Ryanair could abandon the UK domestic market following Brexit the Irish LCC’s Chief Financial Officer (CFO), Neil Sorahan, has told Bloomberg. Speaking a day after Prime Minister Teresa May confirmed the United Kingdom would be leaving the European Single Market, and by extension the European Single Aviation Market, Sorahan said the anticipated need for a […]

Lufthansa, airberlin Deal Focus of Ryanair’s Attention

The news that Lufthansa plans to wet lease 38 aircraft from its competitor, airberlin, has resulted in Ryanair CCO, David O’Brien, announcing at a media briefing in London that the Irish low-cost carrier will soon be lodging a complaint based on the grounds it is anti-competitive. The deal between Lufthansa and airberlin, which was agreed […]