Ryanair wins EU court challenges against KLM and TAP state aid May 19, 2021 Ryanair has this morning won its legal challenges against billions of euros in state aid paid to two European airlines as a result of the Covid-19 pandemic. KLM, the Dutch wing of Air France, and Portuguese carrier TAP were granted a combined €4.6bn by the European Commission in response to the crisis in aviation. However, [...]
Ryanair says Covid-19 recovery has begun, as budget airline posts a record €815m loss May 17, 2021 Ryanair says Covid-19 recovery has begun, as budget airline posts a record €815m loss
Airline industry calls on the UK to lift borders like the EU May 14, 2021 Germany, Spain and Holland became the latest European nations to lift the shutters on travel restrictions yesterday, as the airline industry called on the UK to do the same. Still placing tough restrictions on arrivals, the UK has received calls from Ryanair and the British Airline Pilots Association (BALPA) for more clarity on travel. Ireland’s [...]
Airline passenger numbers creep higher as holidaymakers await green light May 5, 2021 Covid-19 passenger restrictions continued to squeeze airlines’ passenger numbers in April, a year on from the start of the pandemic, although there were some chinks of light for the sector. Ryanair said it flew 1m people last month, twice as many as it did in March, but still millions short of its normal capacity. Compared [...]
Ryanair to power 12.5 per cent of flights with sustainable fuels by 2030 April 29, 2021 Ryanair plans to power 12.5 per cent of its flights with sustainable aviation fuels by 2030, the airline said this morning. The announcement comes days after its rival British Airways committed to using the fuels to power 10 per cent of its flights. Group Chief Executive Michael O’Leary had said earlier this month that the [...]
Airline shares jump on hopes of Europe-US travel by the summer April 26, 2021 Airline shares jumped today on the back of hopes that travel between the EU and US would open up again this summer. Over the weekend, European Commission President Ursula von der Leyen said that all US citizens who had been vaccinated should be able to travel to Europe by the summer. Her comments sent shares [...]
Virgin Atlantic boss expects to fly full fleet by October April 21, 2021 Virgin Atlantic is eyeing October or November this year to be back flying its full fleet, its chief executive said today. The comment forecasts the end of the pandemic crisis for airlines, as the majority of flights have been grounded for over a year. “We are by no means out of this situation, we will [...]
Ryanair loses legal challenges to EU state aid for Scandi airlines April 14, 2021 Ryanair has this morning lost its attempt to have state aid provided by the EU to Scandinavian airlines SAS and Finnair ruled unlawful. The Luxembourg-based General Court, the EU’s second highest legal body, ruled that the bailouts were in compliance with the bloc’s rules on state aid. The ruling is another blow to the airline, [...]
Ryanair expects to limit last year’s losses to £732m April 7, 2021 Ryanair said it believes losses in the last year will now be lower than previously expected, at between £689m and £732m, compared with previous guidance of around £100m more. The downgrade comes despite the company adding that travel restrictions and lockdowns over Easter, blaming the slow rollout in the EU of Covid-19 vaccinations, delayed any [...]
Ryanair and Wizz Air passenger numbers down again as year of pain continues April 6, 2021 Ryanair flew just 0.5m people last month as travel restrictions continued to batter the airline industry as the worst year in its history came to an end. Since last March, when the coronavirus began to spread through Europe, carriers have seen their schedules decimated, with passenger numbers plunging to a mere fraction of normal levels. [...]