All Ryanair articles – Page 13
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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 ...
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NewsRyanair threatens closure of Lauda’s Vienna base
Ryanair Group is warning that it will close the Lauda Airbus A320 base at Vienna at the end of the month if there is no agreement on cost reductions. It says the Lauda division “underperformed” during the fiscal year to 31 March 2020 as a result of competition from Lufthansa ...
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NewsRyanair cuts office staff at four bases
Ryanair has axed more than 250 office-based jobs at four locations and will this month announce details of its plan to slash up to 3,000 crew positions
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NewsRyanair aims to re-open most of its network from 1 July
Ryanair is to reinstate flights across some 90% of its network from the beginning of July, with an ambitious bid to restore an air transport operation demolished by the coronavirus crisis. While much of the network will be available, with most bases active, the overall schedule – around 1,000 daily ...
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NewsRyanair carries out just 600 scheduled flights in April
Europe’s biggest passenger airline Ryanair operated just 600 scheduled flights carrying 40,000 people in April as the airline was all but grounded by the coronavirus pandemic.
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NewsRyanair signals 3,000 job cuts as it discusses fleet deferrals
Ryanair is expecting to cut up to 3,000 jobs from July and shut a number of European bases, as it projects that a post-crisis recovery will take at least two years. The airline is negotiating with Boeing to reduce planned deliveries of new 737s for the next 24 months, and ...
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NewsRyanair taking €300m charge over fuel-hedge ineffectiveness
Budget carrier Ryanair is predicting net profits of €950 million-1 billion for 2019-20 as the tail-end of its fiscal year started suffering the effects of the coronavirus crisis. It states that it is conducting fewer than 20 flights daily, and expects its fleet to stay “largely grounded” for at least ...
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NewsRyanair may shut down all operations from 24 March
Ryanair is cutting 80% of its scheduled flights and could ground its entire fleet in response to the coronavirus.
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NewsLauda halts all flights until 8 April
Ryanair’s Austrian subsidiary Lauda has suspended all flights until 8 April. The Vienna-based airline has been serving more than 100 destinations across some 30 European countries and has stations in German cities Dusseldorf, Stuttgart, Spanish island Majorca, and Croatian city Zadar. Source: Lauda Cirium fleets data shows ...
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NewsRyanair may cancel entire April-May schedule
Ryanair expects to park the majority of its fleet over the next week to 10 days as the impact of the coronavirus escalates, and could suspend all of its services for April and May.
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NewsRyanair chief leaves door open to Airbus order
Ryanair group chief executive Michael O’Leary would be open to ordering Airbus A320s – provided the European manufacturer can come up with the right offer. “The A320 is a great aircraft,” he told Cirium at the A4E aviation summit in Brussels, although he stresses that so too is the Boeing ...
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Airline BusinessWhy strong Ryanair and Wizz February traffic offers few clues to coronavirus impact
Monthly traffic figures for February released by Ryanair and Wizz Air today offer little indication of the impact on air travel demand of the spread of the coronavirus into Europe.
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NewsHow A4E is answering Europe’s airline sustainability challenge
Sustainability is the hot topic for industry body Airlines for Europe (A4E) as it heads towards its annual Aviation Summit in Brussels on 3 March.
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Airline BusinessWhy Ryanair is still more likely to bide its time than bid for Air Italy
Ryanair’s move to hold a press conference in Milan today sparked some press speculation that the low-cost carrier was about to make a bid for the assets of collapsed carrier Air Italy.
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Airline BusinessHow low-cost carriers have capitalised on Italian airline failures
No European country’s carriers have struggled to secure or retain a leading presence in their own market more than Italian operators, as the collapse of Air Italy further illustrates.