Ryanair remains positive despite Omicron concerns December 2, 2021 Eddie Wilson, chief executive of Ryanair DAC, said this morning the airline remains positive about summer demand, bypassing concerns related to the new Covid variant, Omicron, and its impact on Christmas demand. Speaking at London’s World Aviation Festival, Wilson said that the carrier’s focus remained on next summer. “We were hoping that the demand curve [...]
Airline shares splutter as new EU lockdowns spook investors November 24, 2021 The share price of major airlines is on an ongoing downward trajectory as a result of the new wave of Covid-19 infections around Europe which is causing countries such as Austria and the Netherlands to impose lockdown measures. Compared with the last few days, the share price of major carriers such as IAG and Ryanair [...]
Checking out: Ryanair confirms plans to delist from London Stock Exchange November 19, 2021 Ryanair is leaving the London Stock Exchange amid rising admission costs in a move that could be seen as a post-Brexit snub.
Athens calling: UK airlines prepare for Greece summer boom November 8, 2021 UK airlines are increasing the number of flights to Greece in preparation for next summer’s boom in tourism, the Financial Times reported. Carriers are ramping up their pre-pandemic capacity, with Jet2 adding 1 million seats compared to 2019’s capacity and Easyjet increasing its tickets by 500,000. “Having met most of the tour operators and airline [...]
Ryanair posts first profit since Covid but mulls London delisting November 1, 2021 Budget airline Ryanair has reported its first quarterly profit since the start of the pandemic, with shares going up to €16.96 compared to €16.46 registered earlier this morning. However, the Irish-based group said it still expected to post an annual loss of up to €200m (£195.4m) as it would need to discount tickets this winter. [...]
Ryanair to refund passengers after public mishaps October 28, 2021 Ryanair has announced it will start refunding customers of cancelled flights within five working days. Part of a company campaign to improve its image, the measure was set after the Dublin-based carrier held its first customer panel meeting in September, when customers all over Europe met with senior management to provide recommendations on customer service. [...]
No public support for France’s short-haul ban says Ryanair’s boss October 24, 2021 Ryanair’s boss Michael O’Leary said French President Emmanuel Macron is lying when he says there is public support for the French Government’s ban on short-haul flights, the Telegraph reported. “Be very careful with the French,” the paper reported him saying. “You can always tell when the French are lying because their lips are moving.” O’Leary [...]
Ryanair and Wizz Air passenger numbers highlight aviation’s journey back to normality October 4, 2021 After a turbulent 2020, Ryanair and Wizz Air appear set for smoother skies with passenger numbers on the up. Both firms reported increase in passenger traffic in September 2021 compared to last year. According to passenger traffic data published on the London Stock Exchange, Ryanair’s passenger numbers increased to 10.6m compared to 5.2m recorded in [...]
Ryanair boss: EasyJet and WizzAir merger would be ‘sensible development’ September 22, 2021 Ryanair’s boss has doubled down on his point that rivals EasyJet and WizzAir will not survive as independent airlines without a merger. Chief executive Michael O’Leary said it would be a “sensible development,” for the airlines to merge in the future and there was industry-consensus there would be “more consolidation across Europe” post-Covid. “I’m not [...]
Ryanair shares soar as carrier aims to fly 225m passengers a year by 2026 September 16, 2021 Shares in Ryanair are flying today after it announced that it now expects to fly 225m passengers a year by March 2026, a 25m hike on its previous target. By the midmorning, shares were up 6.7 per cent. In a statement ahead of today’s AGM, the Irish carrier said that it now expected to see [...]