Airline and travel stocks take a hit following Ryanair profit drop May 20, 2019 Airline and travel stocks have taken a tumble following Ryanair's profit slide, which it blamed on Brexit uncertainty and stuff competition in Europe. Holiday firm Tui is the biggest faller on the FTSE 100 today, with its shares down 3.79 per cent at the time of writing. Easyjet shares were down just over two per [...]
Ryanair shares drop as profits suffer 30 per cent hit on falling ticket prices May 20, 2019 Irish budget airline Ryanair said today its full year profit fell 29 per cent year on year to €1.02bn (£890m), blaming a fall in fares and issuing a "cautious" warning on profit for the year to come. Shares fell nearly six per cent to hit €10.16 in early trading. The figures The airline said traffic grew [...]
Fuel and currency costs hit profit at British Airways owner IAG May 10, 2019 Profits shrank at British Airways’ owner in the first three months of the year as fuel costs and other headwinds hit the airline, it revealed today. But shares rose as International Airlines Group (IAG) said full-year profits would replicate 2018’s success, when income rose almost 10 per cent to €3.2bn (£2.76bn). Read more: British Airways [...]
Airline passengers face new ticket fee to cover cost of carrier collapses May 9, 2019 Airlines have hit out at proposals to charge passengers an extra 50p to pay for the cost of repatriating travellers who have been stranded following a carrier collapse. The government's insolvency review, which was set up by the Department for Transport (DfT) following the collapse of Monarch in 2017, has suggested the UK set up a "flight protection [...]
Budget airlines Ryanair and Wizz Air report soaring passenger numbers in April May 2, 2019 Budget airlines Ryanair and Wizz Air both boosted passenger numbers last month Ryanair Group’s traffic was up 10 per cent to 13.5m passengers compared to April last year while Wizz Air saw passenger numbers rise to 3.28m, an increase of 19 per cent. Read more: Ryanair traffic soars despite challenging results In April Wizz Air [...]
Southend Airport eyes 2.5m passenger target this year amid growth spurt April 29, 2019 London Southend Airport owner Stobart Aviation has set its sights on reaching 2.5m passengers this year and 5m by 2023, in a move that would take it closer to its rival London City Airport (LCA). Southend Airport, which grew nearly 40 per cent last year, said the addition of EasyJet and Ryanair, which started flying from [...]
Horse Racing Betting Tips: Man to give Frost an end of season Present April 25, 2019 AS WE draw the curtain on another National Hunt season, there have been a number of memorable moments. One of those was certainly Altior’s world record-equalling 18th straight win in the Queen Mother Champion Chase at the Cheltenham Festival. Nicky Henderson’s superstar is a once in a lifetime horse and we are lucky to have [...]
Horse racing betting tips: The cap will fit perfectly for Fry in Stayers Hurdle April 4, 2019 WHILE the majority of the country will only care about the Grand National from a racing perspective, punters will be just as interested in the undercard. The second biggest race of the day is the Ryanair Stayers Hurdle (3.40pm), where Apple’s Jade will try to bounce back from a disappointing performance in last month’s Champion [...]
Horse Racing Betting Tips: All I’m asking is for a little Respect in Betway Bowl April 3, 2019 ASK ANYBODY on the street to name one horse race and you can be pretty sure the vast majority will say the Grand National. There is no race quite like it, but Aintree have done a great job to make the rest of the Randox Health Grand National Festival so popular. Fun is the name [...]
Ryanair traffic soars despite challenging results April 2, 2019 Ryanair’s traffic grew nine per cent year-on-year last month as passenger numbers hit 10.9m in March. Traffic is nine per cent up over all this year, as the rolling annual total is 132.1m, up from 130.3m in the year to March 2018. Read more: O'Leary hopes to 'reboot' Ryanair reputation by taking a step back [...]