Ryanair cuts 2021 traffic target again over coronavirus, but boosts profit May 18, 2020 Ryanair has slashed its passenger traffic target by another 20 per cent for 2021 as it recorded a 13 per cent rise in profit after tax for its latest full-year. The budget airline revealed the profit jump today but warned it may pull out of some of Europe’s airports over coronavirus travel bans. Michael O’Leary’s [...]
Ryanair to operate 1,000 flights a day from 1 July May 12, 2020 Ryanair will begin operation 40 per cent of its scheduled flights from 1 July as Europe’s largest low-cost carrier seeks to bounce back from the coronavirus crisis. Subject to travel restrictions, the budget airline will run nearly 1,000 flights a day across 90 per cent of its pre-coronavirus route network. In order to facilitate the [...]
Ryanair flies just 40,000 people in April as demand evaporates May 5, 2020 Europe’s largest low-cost carrier Ryanair revealed that passenger numbers fell 99.6 per cent in April as the coronavirus crisis continued to cripple global aviation. Last month the airline operated 600 flights, a tiny fraction of the 75,500 it had budgeted, and flew just 40,000 people. By contrast, in April last year the airline flew 13.5m [...]
Ryanair set to cut up to 3,000 jobs due to coronavirus May 1, 2020 Budget airline Ryanair has warned that it might cut up to 3,000 jobs due to the ongoing disruption from the coronavirus pandemic. The low-cost carrier said that it would begin a restructuring programme in July 2020, with most of the cuts expected to affect pilots and cabin crew staff. It also said that unpaid leave, [...]
Ryanair will not resume flights if middle seat must be left empty, says Michael O’Leary April 22, 2020 Ryanair will not resume flights if it is forced to leave the middle seats empty in order to comply with social distancing rules, the budget airline’s chief executive Michael O’Leary said. O’Leary reportedly said he believed the company will about 40 per cent of its flights at a capacity of 50 to 60 per cent [...]
Coronavirus: Ryanair ‘does not expect to operate flights in April and May’ March 24, 2020 Ryanair has confirmed that it “does not expect to operate flights in April and May” due to the coronavirus epidemic, a week after warning that it would ground “most, if not all” of its planes. The budget carrier has instead offered its aircraft to all EU governments to use for repatriating civilians and to transport [...]
Coronavirus: All Ryanair staff to take a 50 per cent pay cut, says Michael O’Leary March 22, 2020 Ryanair boss Michael O’Leary has said he and all of the airline’s staff will have their pay cut in half, as the low-cost carrier attempts to ride out the coronavirus epidemic. Speaking to the Financial Times, the 59-year-old boss of Europe’s biggest airline by passenger numbers said he was working on a best-case scenario of [...]
Coronavirus: Ryanair to ground ‘most if not all’ flights next week March 18, 2020 Ryanair has said that it will ground the vast majority of its flights from next Tuesday, only maintaining essential services between the UK and Ireland, in light of widespread coronavirus travel bans. In a statement, the budget carrier said that “most if not all Ryanair Group flights will be grounded” as passenger demand collapses due [...]
Ryanair makes further cuts to Italian flights as travel lockdown begins March 9, 2020 Ryanair has announced more cuts to its flight schedules to and from Italy today after the Italian government put the north of the country into lockdown yesterday. As of tomorrow, the budget airline is suspending all Italian domestic flights to and from Milan’s Bergamo and Malpensa airports, as well as those from Parma and Treviso, [...]
Airline bosses say worst is yet to come as more flights cancelled on coronavirus fears March 3, 2020 Airline bosses have warned that the worst is yet to come for the industry after coronavirus fears saw passenger demand slump, with carriers cutting flights to locations round the world. Speaking at an industry conference in Brussels, outgoing IAG boss Willie Walsh said that there had been “a very significant fall-off in demand” in Italian [...]