Ryanair passenger levels jump as low-cost carriers weather recession January 4, 2023 Ryanair reported a jump in passenger levels today in a sign that low-cost carriers are managing to weather the cost-of-living crisis. Figures published today show that the low-cost airline carried 11.5 million passengers in December, 21 per cent up on last year’s levels. Numbers were also up on November’s 11.2 million travellers. Load factor – the [...]
Ryanair to compensate travellers for 2018 strikes after Supreme Court appeal dropped December 12, 2022 Ryanair is set to compensate travellers for strikes that took place over four years ago after it dropped a UK Supreme Court appeal. “Ryanair’s decision to discontinue the Supreme Court appeal of the Court of Appeal judgement means that affected passengers will now be able to make a claim for compensation,” said Paul Smith, consumer [...]
Ryanair: O’Leary’s contract extended until 2028 as £86m bonus still on cards December 8, 2022 Ryanair’s boss Michael O’Leary has seen his contract extended until July 2028, in a deal that could make him earn up an extra €100m (£86.3m). Chairman Stan McCarthy said the contract extension was reached following “extensive engagement with large shareholders and proxy advisors,” but will still be subjected to shareholder approval. As part of his [...]
Airlines call on EU to include polluting flights in CO2 pricing scheme December 7, 2022 Airlines have called on the EU Commission to include long-haul and more polluting flights into its environmental regulation. The comments come on the heels of the Commission announcing that EU airlines will pay more for their CO2 emissions. “Yet again the Commission led by Ursula von der Leyen has abandoned the environment and Europe’s ordinary [...]
Ryanair’s Michael O’Leary: EU Commission ‘lacks the bottle’ to go against governments December 5, 2022 The European Commission “lacks the bottle” to go against the interests of national governments, according to Ryanair’s boss Michael O’Leary. Appearing in front of an Irish transport committee late last week, O’Leary said it was unfair that intra-EU short-haul flights were paying environmental taxes, while the more polluting long-haul flights remained exempt, the Express first [...]
Ryanair to buy green aviation fuels from Shell but 2030 target remains unsure December 1, 2022 Ryanair is set to buy green fuels from Shell between 2025 and 2030 as part of its green push. The low-cost carrier today signed a memorandum of understanding, pledging to purchase as much as 360,000 tonnes of sustainable aviation fuel (SAF) by the end of the decade. According to Ryanair, the agreement will save up [...]
Ryanair remains cautious about future despite record half-year November 7, 2022 Ryanair has remained cautious about its future despite posting a record half-year performance. Driven by an exceptional summer traffic, the low-cost carrier’s after tax earnings jumped to €1.37bn (£1.20bn) – up from a €48m net loss last year. Even though slightly below analysts’ consensus, this was its highest half-year results ever, as it surpassed the [...]
Flying high: Ryanair breaks another monthly record with 15.7m passengers in October November 2, 2022 Ryanair has broken yet another monthly record, with 15.7 million passengers flying during the month of October. These figures were a record high for the budget airline, who said they were up 14 per cent on pre-COVID levels. The Irish firm has continued to post a steady incline in passenger numbers, with the last few [...]
Ryanair tells passengers to brace for disruption over website and app outage on 8 November November 1, 2022 Passengers have been urged to check in early as Ryanair’s website and app are set to undergo maintenance works later this month. The low-cost carrier has announced the website will be down for 11 hours between 6pm on Tuesday 8 November to 5am on Wednesday 9 November. “Due to planned maintenance, Ryanair website / app [...]
Ryanair’s Michael O’Leary: Worldwide inflation good for our growth October 25, 2022 The world’s surge in inflation rates will help Ryanair’s growth as people will not stop flying altogether, but will rely instead on budget airlines. “We think recession [and] price inflation is very good for our growth,” chief executive Michael O’Leary told journalists today in Lisbon. European countries have in fact been hit by soaring inflation [...]