Photo of Ryanair crew sleeping on airport floor was staged, airline says October 18, 2018 A photograph of Ryanair crew sleeping on an airport floor was staged, footage from the airline showed today. Staff at the low-cost carrier had released a photograph showing them lying on the floor of an airport staff lounge. La imagen del aeropuerto de Málaga ha sido una escenificación y protesta del trato que Ryanair da [...]
Ryanair boss warns planes could be grounded for up to three weeks in event of hard Brexit October 17, 2018 Ryanair boss Michael O'Leary has said a hard Brexit could ground planes for up to three weeks as the prime minister heads to Brussels for a crunch meeting with EU leaders to break the impasse in the negotiations. O'Leary said that while the grounding of planes for a "week, two weeks, three weeks" would be "painful", [...]
Flybe shares crash as it issues profit warning on rising losses October 17, 2018 Shares in budget airline Flybe plummeted this morning, after the UK company issued a full-year profit warning in a trading update ahead of its results for the first six months of 2018. Flybe's share price plunged a staggering 37.8 per cent as markets opened this morning, wiping over £20m off its market capitalisation. The airline said higher [...]
Theresa May’s new merger powers would be a hostile takeover by the state October 16, 2018 Back in July 2016, Theresa May launched her campaign for leadership of the Conservative party by promising radical action on foreign takeovers of British businesses. In the wake of Kraft’s takeover of Cadbury and Pfizer’s failed bid for AstraZeneca, May promised to defend workers and local communities from transient shareholders who, she said, were more [...]
Ryanair boss ‘hopeful and optimistic’ about ending strike action by pilots and cabin crew October 9, 2018 Ryanair chief executive Michael O'Leary has said he is "hopeful and optimistic" that the airline will not be damaged further by strikes with its pilots and cabin crew this year. O'Leary, who has previously said the airline will put up with strikes to defend its low-cost business model, said: "I am hopeful and optimistic that we [...]
EU rejects aviation regulator’s push for no-deal Brexit transition talks October 5, 2018 The EU's aviation regulator rejected British calls for a joint no-deal Brexit transition plan in July, new letters reveal. In June, the UK's Civil Aviation Authority (CAA) chief executive Richard Moriarty wrote to his EU counterpart Patrick Ky to say it would be in "both their interests" to agree to a joint transition plan. "These [...]
Easyjet passenger numbers climbed to 8m in September as Ryanair grappled with strikes October 4, 2018 Easyjet's passenger numbers for last month climbed to 8.8m last month, including numbers it has taken from flying from Berlin's Tegel airport. The number is an 14.2 per cent increase from September last year, when the airline carried 7.7m passengers. Earlier this year the airline started operations at Tegel airport after taking over parts of Air [...]
Ryanair’s special status is tarnished – it’s now a question of fight or flight for O’Leary October 3, 2018 Michael O’Leary is not short of ambition. The chief executive of Ryanair has spoken of flying 200m passengers in a year, and of profits of €2bn per annum, adding more than a third to the highest achieved in a year to date. The target date is 2024, but questions are being asked if O’Leary will [...]
Ryanair says it wants to hatch a deal with striking unions by Christmas October 2, 2018 Budget airline Ryanair said it hopes to settle its dispute with unions that have shadowed its summer schedule by Christmas. Chief marketing officer Kenny Jacobs told reporters in Madrid that the airline wanted to have agreements in place with crew and pilots by Christmas, with the view to implementing them next year. He said Ryanair has [...]
Ryanair passengers swelled to 13m last month despite staff strikes October 2, 2018 Ryanair carried 13.1m passengers in September, an 11 per cent increase on the same time last year. Laudamotion, the airline founded by Formula One giant Niki Lauda that Ryanair acquired a 75 per cent stake in, carried 0.5m passengers last month, with a load factor – a measure of how full aircraft is – of 93 per [...]