Budget airlines Ryanair and Wizz Air report soaring passenger numbers in February March 4, 2019 Budget airlines Ryanair and Wizz Air reported boosted traffic year-on-year in February, however both carriers saw passenger numbers drop on the previous month. A total of 9.3m customers flew with Ryanair in February, an increase of 13 per cent from 8.6m the previous year. Read more: Wizz Air profits tumble but airline clings to guidance [...]
British Airways owner International Airlines Group profits soar February 28, 2019 British Airway’s owner International Airlines Group’s (IAG) profit soared 9.5 per cent last year. The figures Shares lifted two per cent as the group reported that pre-tax profit for the year to the end of December was €3.2bn up from €2.95bn in 2017. Revenue was up 6.7 per cent from €22.8bn in 2017 to €24,4bn last [...]
Mullins ready to fire four darts in bid for first Cheltenham Gold Cup February 20, 2019 ASK ANY trainer what race they would most like to win and you can be certain the majority would say the Magners Cheltenham Gold Cup. Willie Mullins is no different, especially with six seconds in his career, and he is set to field four in his bid for a first success in jump racing’s blue [...]
Horse Racing Betting Tips: Monalee all set for first Festival glory in Ryanair February 14, 2019 THOSE of you with long memories will remember that I recommended backing Henry De Bromhead’s MONALEE at fancy ante-post prices for the Albert Bartlett Novices’ Hurdle back in 2017. Everything looked to be going swimmingly rounding the home turn as the favourite Death Duty started to tread water and when Monalee took over coming down [...]
Ryanair admits interest in buying Thomas Cook’s airport slots February 14, 2019 Budget airline Ryanair is interested in buying up some airport slots belonging to embattled Thomas Cook's airline unit, it emerged today. Thomas Cook plunged from profit to loss in 2018, leading it to consider selling off its successful airline division. Read more: Thomas Cook considers airline sale as losses hit £60m Ryanair’s chief marketing officer, Kenny Jacobs, was quoted this [...]
South Western commuters face more strike misery with fresh dates announced February 7, 2019 Fresh strikes are set to hit commuters on South Western Railway routes in February and March, a union warned today. The RMT union said it secured a fresh mandate for industrial action in a long-running dispute over a reduction in the number of guards on South Western trains. Read more: Ryanair profits slide as strike [...]
Thomas Cook considers airline sale as losses hit £60m February 7, 2019 Thomas Cook is set to consider selling its airline business as seasonal losses deepened to £60m for its first quarter, with the airline blaming customer uncertainty. The figures The embattled travel agent saw its operating loss increase by £14m year on year to hit £60m for the three months to the end of December as holiday bookings dropped, [...]
Ryanair falls to €20m loss as O’Leary signs new five-year contract February 4, 2019 Budget airline Ryanair today said it suffered a €20m (£17.5m) loss in the third quarter of its financial year, blaming weaker ticket prices. The airline also said that longstanding chief executive Michael O’Leary had signed a five-year contract for the role of group chief executive, as the company moves to a new structure. Read more: Ryanair [...]
Gatwick drone chaos costs Easyjet £15m but shares rise as profits stay the course January 22, 2019 Drone disruption at Gatwick cost Easyjet £15m, the airline revealed today, as it said that 82,000 passengers were affected by the incident, but shares rose as profits stayed the course. Easyjet was forced to spend £10m in customer welfare costs and lost £5m in revenue, it confirmed in a trading update this morning, as it [...]
Airline stocks enjoy share price bump following positive forecast for 2019 January 21, 2019 Several airline stocks have enjoyed share price bumps today following a positive note on European airlines by Davy Research. Air France-KLM, Norwegian and Thomas Cook were among the airlines that enjoyed spikes in their share price, with the Franco-Dutch carrier enjoying a near 5 per cent rise. Norwegian's share price increased by 3.52 per cent [...]