Ryanair shareprice timeline: One chart showing how the budget airline boosted its profits May 26, 2015 Ryanair's net profits for the year increased by 66 per cent today as the budget airline celebrated its 30th birthday. Click on the image above for a larger version of the graphic. Its share price soared as the company announced its latest figures this morning, which beat analysts' expectations. For the 12 months up to [...]
Ryanair share price jumps as profit soars following new customer service programme May 26, 2015 Ryanair's share price soared this morning as it celebrated its 30th birthday with a 66 per cent increase in net profit for the year – beating analysts' expectations. The figures The low-cost carrier reported net profit of €867m (£614m) in the 12 months ended March 31 from €523m at the same period last year. Revenue rose more steadily [...]
Slip in consumer confidence despite retail sales growth – London Report May 25, 2015 DATA on GDP growth, consumer confidence and house prices are due out this week, and today sees the release of the CBI Distributive Trades Survey. The CBI’s research is expected to show robust retail sales growth in May. GDP growth in the first quarter is likely to be revised up to 0.4 per cent quarter-on-quarter [...]
Ryanair boss Michael O’Leary to seek CMA damages as Irish government gets green light May 17, 2015 Ryanair boss Michael O’Leary was fighting a rearguard battle with the Competition and Markets Authority (CMA) over the weekend as he sought to maintain his firm’s stake in Aer Lingus. The threat from O’Leary to seek damages from the regulator, made in the Telegraph, is the latest salvo in the long-running dispute. O’Leary has maintained [...]
EasyJet share price falls after it warns on tough outlook May 12, 2015 The figures: Budget airliner easyJet made £7m profit in the six months to March, up from a loss of £53m last year. Additionally revenue per seat – a measure of profitability – rose 2.6 per cent on a constant currency basis. Nonetheless it shares were trading down 8.5 per cent at 1,677p this morning after it warned on its [...]
Ryanair issues YouTube plea to David Cameron to end Airport Passenger Duty May 11, 2015 The election might be over, but that doesn’t mean we’re going to stop hearing about it anytime soon, especially now that Ryanair has got in on the act. The budget airline has released a video on its Youtube channel, congratulating David Cameron on keeping the top spot. However, like its leader Michael O’Leary, Ryanair never [...]
EasyJet suffers a hangover from French strikes as Ryanair surges ahead May 7, 2015 EasyJet managed to shake off the effects of French transport strikes to post a 3.8 per cent increase in passengers. The figures EasyJet said that, compared to April 2014, it had had 12 times (602) the number of flights cancelled, mostly due to air traffic control strikes in France. Nevertheless, the number of passengers flying [...]
Ryanair lays on the charm and sells more seats May 5, 2015 Budget airline Ryanair’s passenger numbers soared in April, jumping 16 per cent on the same month last year. During April, there were 9m Ryanair passengers, up from 7.8m in April 2014. Rolling annual traffic was up to 91.8m passengers. The Irish airline’s load factor, an industry measure of how much of an airline’s capacity is [...]
Razor sharp: Will King talks moving on from King of Shaves, politics, a plan for Tesco and why we need Tinder for voting May 4, 2015 I came, I saw, I shaved, I died’ isn’t how I want to be remembered,” quips Will King. In 1993, he founded King of Shaves, the popular men’s toiletries brand. In frustration over the poor quality of his own products, he turned to his then-girlfriend’s bath oil for a smoother finish. The resulting businesses, including [...]
O’Leary’s charm offensive fails to impress Chinese hackers April 29, 2015 RYANAIR chairman Michael O’Leary’s charm offensive designed to win over customers hasn’t seemed to reach China. The no frills airline boss, who recently spoke out about the need to improve customer service to prevent “unnecessarily pissing people off,” confirmed yesterday that hackers stole almost £3.25m from its accounts, using an electronic transfer via a Chinese [...]