Prices soar for basic services on board the no-frills Ryanair December 11, 2011 FAMILIES are most likely to be affected by Ryanair’s hiked prices next year as the Irish airline prepares to increase charges for many of its passenger services as of 15 December. Under the new rules, a 15kg bag checked in at the airport, without being pre-booked, will cost the customer £100 in peak season (June [...]
Airlines say air tax talks were a sham December 6, 2011 AIRLINES lined up to condemn the government’s stance on air travel yesterday, calling the government’s consultation on air passenger duty “a sham and a waste of taxpayers’ money”. The Treasury confirmed yesterday that the levy on passengers would jump by eight per cent in April, despite a massive lobbying effort by the airlines, who argue [...]
IAG traffic numbers rise in November December 6, 2011 INTERNATIONAL Airlines Group, formed by the merger of BA and Iberia, has posted a 2.1 per cent rise in passenger traffic in November, boosted by 4.6 per cent growth in premium traffic. Traffic, measured in revenue passenger kilometres, rose by 2.1 per cent versus November 2010, while passenger load factor – a measure of how [...]
Ryanair pushes Aer Lingus on EGM November 24, 2011 Irish airline Ryanair said yesterday it will pursue Aer Lingus directors for a breach of company law if the former state carrier refuses again to hold an extraordinary general meeting. Ryanair, Aer Lingus’s largest shareholder with a near 30 per cent stake, said it had the right to request a meeting at which it wanted [...]
Airlines lobby to axe levy on passengers November 17, 2011 FOUR of Britain’s biggest airlines put aside their differences yesterday to lobby the government to scrap its air passenger duty (APD), which they slammed as uncompetitive. Ryanair, EasyJet, British Airways and Virgin Atlantic have written to the chancellor arguing the tax on passengers, set to rise by twice the rate of inflation in 2012, puts [...]
This tax will not fly: Don’t ground Britain’s growth November 17, 2011 THE chief executives of rival airlines Virgin Atlantic, easyJet, Ryanair and the IAG group – which includes British Airways – do not normally agree to share a platform. That they chose to yesterday morning – outlining their opposition to Air Passenger Duty (APD) – is a sign of how seriously the aviation sector takes this [...]
Airlines call for an end to passenger tax November 17, 2011 Four of the UK and Ireland’s biggest airlines have called on the government to scrap Air Passenger Duty (APD), saying its negative impact on the economy was outweighing any benefit from the revenue raised. Passengers have to pay between £24 and £170 in APD, depending on the length of flight, substantially more than when the [...]
Focus on more lucrative routes boosts Ryanair November 7, 2011 RYANAIR raised its 2011 profit forecast by 10 per cent yesterday, saying a focus on more lucrative routes was pushing up revenue per passenger and offsetting stubbornly high fuel prices. The budget airline, headed up by outspoken boss Michael O’Leary, said it had seen virtually no impact from the global downturn in consumer confidence, but [...]
Markets hit by Eurozone contagion fears November 7, 2011 Banks were the weakest link on the FTSE 100 this morning as the move towards a coalition government in Greece failed to impress wary investors. Greek Prime Minister George Papandreou, who attempted to call a referendum on a crucial European Union bailout plan, will stand down when the new government takes over. Eurozone ministers meet [...]
Ryanair lifts profit forecast by 10pc November 7, 2011 Ryanair increased its 2011 profit forecast by 10 per cent, saying higher revenues per passenger mile would offset stubbornly high fuel prices. Europe’s largest budget airline, which released first-half results, said it had seen virtually no impact from the downturn in consumer confidence, but warned traffic would fall in the coming months as it grounded [...]