All Ryanair articles – Page 12
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Airline BusinessWinter of disconnect ahead for Europe’s airlines
There are few crumbs of comfort for European airlines as they look back on a worse-than-expected summer season and forward to what could be a bleak winter.
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NewsRyanair eyes liquidity boost as it targets €400m from share issue
Ryanair is to launch a share issue aimed at raising gross proceeds of around €400 million ($475 million) to help de-risk the group’s debt repayments and better position it to capitalise on fresh growth opportunities in the market
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NewsAugust is strongest traffic month for Ryanair and Wizz since crisis
The two airlines are the first in Europe to report traffic figures for the month, providing an early indication of how much passenger levels returned during the summer travel peak.
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NewsRyanair cuts 20% of Sept-Oct capacity as restrictions hit demand
Low-cost carrier Ryanair has reduced its planned capacity for September and October by 20% as demand for intra-European travel weakens amid government-imposed restrictions.
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NewsRyanair and Wizz claw back more traffic in July
July traffic figures released today show Wizz Air operated more than 70% of its planned capacity, while Europe’s biggest low-cost operator Ryanair saw its first significant return of passengers since the global pandemic began.
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NewsRyanair warns of base closures in Spain and Italy
Ryanair has threatened to close bases in Spain and Italy if new labour agreements cannot be reached with unions.
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NewsRecovering Ryanair could have 40 737 Max jets by summer 2021
Budget carrier Ryanair hopes to introduce its first Boeing 737 Max this year and up to 40 of the type ahead of the 2021 summer season. But the airline warns that the financial year will be “very challenging” after it turned in a first-quarter net loss of €185 million ($217 ...
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NewsEurope’s low-cost carriers look beyond the restart
With the European aviation market shaken and long-haul travel largely absent, it is the continent’s low-cost carriers that are embracing the restart, driven by pent-up leisure and visiting-friends-and-family (VFR) demand.
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NewsRyanair to axe Hahn base after pilots reject cost-savings deal
Irish budget carrier Ryanair is set to close its base at Frankfurt Hahn airport in November as part of wider cuts after failing to reach agreement on cost savings with German pilots.
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Airline BusinessHow many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.
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Airline BusinessHow Ryanair is increasingly locking horns with Wizz
While most of Ryanair’s fire is aimed in the direction of highlighting potential competition concerns resulting from the state bailouts, it has increasingly been squaring up with central European budget carrier Wizz Air.
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NewsUK cabin crew join Ryanair pilots in accepting temporary pay cuts
Ryanair cabin crew members based in the UK have agreed to a temporary pay cut of up to 10% to avert job losses at the airline.
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NewsIreland-based Ryanair pilots agree temporary pay cut
Ryanair’s Irish pilots have agreed to a temporary pay reduction aimed at saving under-threat jobs at the airline.
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NewsUK-based Ryanair pilots accept temporary pay cuts
UK pilot union BALPA has disclosed that members employed by Ryanair have voted 96% in favour of taking temporary pay cuts to save under-threat jobs.
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NewsLauda outlines restructuring under ‘survival plan’
Lauda’s Austrian arm is being repositioned as a wet-lease carrier and the Ryanair subsidiary is ending the employment of crew members who did not support a new collective labour agreement, as part of a “survival plan” to secure operations in Vienna.
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NewsIAG and Ryanair threaten legal challenge to UK’s quarantine plan
Willie Walsh, the chief executive of British Airways parent IAG, has disclosed that the group is considering legal action over the UK government’s mandatory two-week quarantine for travellers arriving in the country from 8 June.
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Airline BusinessEuropean carriers aim to cut their way through the crisis
While the short-term focus among European carriers has been on finding ways to survive the crisis and resume services, airlines have been quick to signal sizeable cuts to their operations with few expecting traffic to return to previous peaks before 2023
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NewsRyanair to close Lauda’s Vienna base on 29 May
Ryanair Group has followed through on its threat to close Lauda’s Vienna base after failing to reach an agreement on cost reductions.
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NewsRyanair expects post-Covid-19 price war
Fares will be slashed across Europe once coronavirus travel restrictions are lifted as airlines seek to tempt passengers back on board, Ryanair believes.
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NewsRyanair Group expects €200m first-quarter loss
Ryanair Group is forecasting a loss of more than €200 million for the first quarter, double the figure it estimated at the beginning of May, with a smaller loss in the second. The company is forecasting that it will transport fewer than 80 million passengers for the fiscal year 2020-21 ...