Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Shares in Ryanair rivals Easyjet, Wizz and Jet2 slump after Michael O’Leary’s warning July 22, 2024 "Fares are now moving materially lower than the prior year and pricing… continues to deteriorate," Ryanair's boss Michael O'Leary said in a presentation announcing its latest results.
Ryanair: Michael O’Leary says summer fares will be ‘materially lower’ as profit falls July 22, 2024 Chief executive Michael O'Leary warned shareholders that fares in the upcoming quarter would be "materially lower than last summer."
Delays at Heathrow, Stansted and Gatwick airports as global IT outage grounds over 4,000 flights July 19, 2024 A global IT outage has wreaked havoc on air travel and caused the cancellation of over 1,000 flights worldwide on Friday - with the number expected to climb as the day progresses.
Global tech outage: Vital NHS system goes down along with Heathrow, London Stock Exchange and Sky News July 19, 2024 The London Stock Exchange, airlines, banks and media organisations went down in the early hours of Friday.
Airbus shares plummet after planemaker fails to capitalise on Boeing woes June 25, 2024 Airbus shares rose as the crisis at Boeing kicked off in January. But now it looks like the hype may have been overblown.
Easyjet, Ryanair and Wizz Air slam EU plans to exempt long-haul flights from new emissions rules June 19, 2024 Three of Europe's biggest budget airlines have hit out at new draft EU proposals to exempt long-haul airlines from rules that would require them to monitor their non-CO2 emissions.
Wizz Air is the UK’s least punctual airline for the third year running while Virgin among the best June 13, 2024 The budget airline's flights from British airports were on average 31 minutes and 36 seconds behind schedule in 2023.
Ryanair passenger numbers near 20m as Europe’s record summer kicks off June 5, 2024 Some 18.9m passengers flew with the Irish budget carrier over the month, up 11 per cent year-on-year as it operated 105,000 flights.
Wizz Air carried 5.1m passengers in May despite engine issues dragging on capacity June 4, 2024 Wizz Air carried 5.1m passengers in May ahead of a busy summer but capacity is still being impacted by issues with its Pratt and Whitney engines.