Ryanair hits out at air traffic control strikes causing 1,100 flight cancellations though airline still reports rise in June traffic July 3, 2018 Ryanair has hit out over air traffic control (ATC) strikes once again, saying they proved particularly turbulent last month. The airline still managed to post a seven per cent rise in passenger numbers for June – up to 12.6m, compared to the same month last year. The load factor, which reflects how efficiently an airline [...]
Stop thinking in straight lines or get left behind by the revolution June 28, 2018 Revolutionaries from the past have a tendency to morph into romantic icons; think Che Guevara, Rosa Luxemburg, Lenin, Robespierre. From the safety of history, it’s possible to admire their determination and dedication without condoning their often destructive and violent tactics. Yet living revolutionaries are not always so popular beyond their immediate following. They threaten the [...]
Ryanair calls for urgent action to prevent air traffic control strikes causing summer ‘meltdown’ June 14, 2018 Ryanair has called on EU governments to intervene in the ongoing crisis over Air Traffic Control (ATC) services, warning that if something is not done there will be a "meltdown" this summer. The budget airline has issued its call to arms as it prepares to grapple with more strikes by ATC staff in France this [...]
Ryanair says new $300m UK base at London Southend airport isn’t a vote of confidence in UK aviation June 13, 2018 Ryanair is to open a new base at London Southend airport in April 2019, despite its oft-repeated warnings of “serious disruption” to flights after the UK leaves the European Union. But the airline’s chief commercial officer David O’Brien warned the move should not be viewed as "some sort of vote of confidence in the future [...]
Ryanair among worst performing airline stocks in past year as airline strikes cautious note in annual results May 21, 2018 Ryanair is among the worst-performing airline stocks over the past year that has been marked by union disputes and rising costs. Analysis by Thomson Reuters shows that the once buoyant stock has fallen to the back of the pack along with Air France-KLM, United Continental and SouthWest in terms of positive share price change. Air [...]
Ryanair (RYA) share price rises as profits soar but airline gives pessimistic forecast on higher costs as Brexit shareholder shake-up takes off May 21, 2018 Low-cost carrier Ryanair has reported soaring annual profits this morning, but has warned its earnings will fall back in the next year due to higher costs and flat fares. It has also given more insight into its Brexit preparations, with the airline saying it remains concerned at the “likely impact” of a hard Brexit. It [...]
EU official Henrik Hololei sounds warning on post-Brexit flights as time is ticking to secure a deal May 18, 2018 A European Union official has warned that time is ticking on sorting out the arrangement for post-Brexit flights between Britain and the bloc, Henrik Hololei, the director general for mobility and transport at the European Commission, said the effects on the aviation industry could be significant after 29 March, when Britain is set to leave [...]
Wizz Air’s Brexit contingency plans take off as it secures UK licence May 3, 2018 Wizz Air today confirmed it has been granted a UK air operator’s certificate and operating licence to safeguard its flights post-Brexit. The Hungarian airline said it has always been committed to the UK and its continued expansion will mean more investment and jobs in the UK as it looks to consolidate its position further. Last [...]
London City Airport chief Robert Sinclair “increasingly confident” Brexit deal will be done April 10, 2018 London City Airport chief executive Robert Sinclair is “increasingly confident” a deal with the EU will be done by 2019, as the airport launched a joint campaign with the Department for International Trade (DIT) to encourage British businesses to sell overseas. Sinclair told City A.M. that while his predecessor, Declan Collier, was “right to raise [...]
Boux Avenue, Ryanair, J.P. Morgan and Macquarie are among the companies with the widest gender pay gaps April 5, 2018 The deadline for UK companies with more than 250 employees to publish their gender pay gap data closed yesterday, with 10,035 companies having published their reports by the deadline. The government announced in January last year that from this April all employers with more than 250 staff would have to publish annual figures relating to [...]