Ryanair loses compensation case January 31, 2013 Irish budget carrier Ryanair has been ordered by Europe’s top court to compensate passengers delayed by a volcanic ash cloud in Iceland in 2010, in a ruling that could expose other airlines to similar claims from disgruntled travellers. The court said EU rules require airlines to compensate travellers for delays caused by unforeseen events. Ryanair [...]
The Road to Cheltenham January 31, 2013 WWW.STARSPORTSBET.CO.UK 08000 521 321 THE Ryanair Chase is always one of the most competitive races of the entire Cheltenham Festival and this year’s renewal looks no different. The main problem is trying to work out who runs. Flemenstar would go off favourite if lining up, but a win in next weekend’s Irish Hennessy will surely [...]
Ryanair posts a profit and talks up Aer Lingus January 28, 2013 RYANAIR chief executive Michael O’Leary said yesterday he thinks his airline’s “radical and unprecedented” concessions will ensure success in its bid for Aer Lingus. The budget airline, which expects to hear back from the EU competition authorities in March, has offered to sell parts of Aer Lingus’ network to two buyers to help ease anti-trust [...]
Ryanair lifts profit forecast January 28, 2013 Low cost carrier Ryanair this morning hiked its full-year profit guidance on the back of strong growth in the third quarter. The airline now expects full-year profits to come in at around €540m (£461m), a seven per cent increase on last year. Previous guidance was set at between €490m and €520m. Over the third quarter, [...]
City Airport’s boss on why London’s future is in the east January 27, 2013 FOR A man whose airport was closed by almost half a foot of snow just days ago, Declan Collier was remarkably upbeat when City A.M. met him at the airport’s headquarters last week. “I’m satisfied that we brought as much as we possibly could to bear to the problem, in terms of equipment and manpower,” [...]
Ryanair expects drag on growth January 22, 2013 Low-cost airline Ryanair expects passenger growth to slow in 2013 as it cuts back on short-distance flights in some markets due to higher airport fees, chief executive Michael O’Leary said yesterday. “I think the growth will be slower this year,” he told Reuters, predicting passenger numbers would increase three to four per cent to up [...]
Stansted’s new owners look for traffic growth January 20, 2013 STANSTED’S new owners are aiming to finalise their purchase by the end of February, before trying to reverse the London airport’s falling passenger numbers. Manchester Airports Group and Australia-based Industry Funds Management have pledged that it will be “business as usual” at Stansted while the pair’s £1.5bn acquisition is completed. The firms have said the [...]
Airport owners can’t control the weather… or airlines January 20, 2013 IT WAS a terrible week to announce the sale of an airport. Snow has sent air travel into meltdown, in spite of airports’ best efforts to stock up on pricey new ploughs and grit, while safety fears over Boeing’s new Dreamliner planes are playing havoc with the industry’s public image. For Stansted, however, any buyer [...]
Frost is the only thing that can prevent the Black Aeroplane triumphing again January 17, 2013 THE winter has arrived with a bang this week and it must be doubtful that either Haydock or Ascot will get the green light to race tomorrow. My weather forecasting skills aren’t the hottest but Ascot looks to have a slightly better chance, and if the snow stays away, we have a real treat in [...]
Deal due next week for three Stansted suitors January 16, 2013 THREE suitors have made final bids for Stansted, valuing the north east London airport at around £1bn, two sources said yesterday. Macquarie, Malaysia Airport Holdings and Manchester Airports Group with its partner IFM are the three bidders left in the contest for the airport. A deal to buy the leisure travel-focused airport from Heathrow Airport [...]