Ryanair narrows losses to £300m and expects to fly back into profitability this financial year May 16, 2022 Budget airline Ryanair said this morning it has narrowed annual losses of £302m and hopes to return to “reasonable profitability” in its current financial year. However, chief executive Michael O’Leary said it was “impractical, if not impossible” to give guidance for 2022-23 due to the risk to holiday bookings from Covid and the Ukraine war. The [...]
Ryanair flies 14.2m passengers last month as Brits flock back on holiday May 4, 2022 Ryanair announced it has flown 14.2 million passengers in April, 91 per cent up on 2021 figures. According to data from international traffic management organisation EUROCONTROL, Ryanair was the largest operator in Europe, as it reported an average of 2,815 flights per day. Wizz Air, which was ranked seventh, announced yesterday its passenger numbers had [...]
Ryanair and BA under fire for allegedly forcing Ukrainian refugees to miss flights April 14, 2022 Ryanair and British Airways (BA) have come under fire after Ukrainian refugees fleeing from the horrors of Russia’s war were reportedly turned away. The low-cost carrier denied accusations it had turned people down because they could not access their boarding passes and threatened them with £50 fees if they couldn’t print their tickets. According to [...]
Ryanair’s boss says summer fares will go up to 10 per cent of 2019 levels April 5, 2022 Ryanair’s summer fares are expected to go up between 5 and 10 per cent of 2019 levels, its boss Michael O’Leary said this morning. The chief executive said lower capacity and very strong forward bookings have already started driving demand up from June onwards. “What we’re seeing at the moment is prices are slightly lower [...]
Ryanair narrows 2021 loss forecast and increases fuel hedging April 4, 2022 Ryanair announced today it would narrow its loss forecast for the year ended 31 March, as for the first time in two years passenger numbers topped pre-Covid levels. The low-cost airline said it was expecting net losses to be between €350m and €400m, after previously guiding to be between €250m and €400m. Just last week, [...]
Ryanair expects annual losses near middle of forecast range March 31, 2022 Ryanair’s losses are expected to near the middle of its forecast range, chief executive Michael O’Leary announced today. “We think we’ll be somewhere in the middle of that range,” O’Leary said referring to the airline’s forecast loss of between €250m and €400m. The chief executive explained that whether the company reports profits for the financial [...]
Irish transport minister to speak with Ryanair following airfare criticism March 21, 2022 Ireland’s transport minister Eamon Ryan said today he would talk to Ryanair after the low-cost airline was accused of hiking prices of flights out of Poland. Larysa Gerasko, Ukraine’s ambassador to Ireland, told a Dublin EU committee last week that it was “unfortunate” behaviour on the airline’s side, especially as Polish airports such as Krakow [...]
Which? calls on CAA to investigate Ryanair’s refund policy March 18, 2022 UK consumer champion Which? has called on the UK Civil Aviation Authority (CAA) to investigate Ryanair’s refund policy after a customer threatened to sue the carrier. Ryanair announced last year the introduction of a new refund policy, which sees the airline pay customer refunds into a “wallet” attached to the customers’ account. If passengers want [...]
Ryanair in hot water over cost of Ukraine repatriation flights March 16, 2022 Ryanair found itself in hot water today after Larysa Gerasko, the Ukrainian ambassador to Ireland, lambasted the low-cost company for increasing flight prices out of Poland. A major refugee route, Poland in recent weeks has become a safe haven for Ukrainians fleeing the horrors of the war. “Ryanair raised the prices and it’s unfortunate, and [...]
Ryanair forced to slash 19 Lisbon routes as Portuguese carrier Tap holds on to airport slots March 9, 2022 Ryanair said today it was forced to slash 19 Lisbon routes after it gave up 3 aircraft due to insufficient landing slots. The move, which has led to the cancellation of 5,000 flights and 900,000 passengers, was caused by Portuguese flag carrier TAP’s decision to hold on to its unused slots. “We deeply regret all these [...]