All Ryanair articles – Page 5
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NewsRyanair chief denies saying cheap fares are thing of past
Ryanair group chief executive Michael O’Leary says he was “somewhat misquoted” in a series of recent news articles that suggested he believed the “era of cheap air fares” had come to an end.
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NewsRyanair upgrades full-year traffic forecast after BA’s winter cuts
Ryanair has upgraded its full-year traffic forecast to 166.5 passengers, from 165 million, as it announced extra capacity on its UK services for the coming winter season.
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NewsFormer Ryanair executive returns to Malta with Wizz Air
Wizz Air has announced that its new Maltese subsidiary will be led by former Ryanair executive Diarmuid O Conghaile. The low-cost group expects to launch the new unit “later this year”, it said on 15 August, with O Conghaile becoming managing director from 1 November, having stepped down from his ...
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Airline BusinessAirlines report profits amid troublesome geopolitical and economic outlooks
The current financial results season has seen more airline groups return to profit for the quarter ending 30 June, with many reporting higher-than-expected demand and strong yields in passenger and cargo markets. The latest to report is Lufthansa Group, which today cited a “boom in demand for airline tickets” as ...
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NewsRyanair exceeded pre-Covid passenger numbers by 2 million in July
Ryanair continued to reach new traffic highs in July, as it served 16.8 million passengers – some two million more than it recorded for the same month of 2019 and 0.9 million up on the previous all-time record seen in June this year. The Irish carrier and budget rival Wizz ...
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NewsBaffled Ryanair vows to appeal EU ruling on €8.4m in ‘illegal’ state aid
Low-cost group Ryanair has vowed to appeal what it describes as a “bizarre” ruling by the European Commission that it benefited from illegal state aid relating to France’s La Rochelle airport between 2003 and 2010. In approving the financial aid provided by the French government to La Rochelle and Beauvais ...
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NewsRyanair retains Lauda A320 leases as renewal options dry up
Ryanair has opted to retain Airbus A320s operated by its Austrian division Lauda Europe, having been unable to reach agreement on a new Boeing 737 deal. It will extend leases on “most” of the leases on Lauda A320s by up to four years – taking them to 2028. Ryanair says ...
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NewsProfitable Ryanair reluctant to offer full-year forecast in ‘fragile’ market
Budget carrier Ryanair believes the air transport market remains too fragile to predict full-year financial results, despite turning in a profitable first quarter. The potential for new coronavirus variants emerging in the autumn, and the effects of the Ukrainian conflict, it says, show the market is “fragile” and any recovery ...
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NewsEasyJet operating chief resigns
Peter Bellew has resigned from his position as EasyJet’s chief operating officer to “pursue other business opportunities”, the UK-based low-cost carrier announced on 4 July. EasyJet’s statement to the London Stock Exchange does not suggest the decision relates to the operating challenges faced by the carrier in recent months. Bellew ...
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NewsRyanair and Wizz record highest traffic months in June
Expanding European low-cost carriers Ryanair and Wizz Air both saw traffic levels soar in June, underlining their return to growth since the pandemic.
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NewsRyanair predicts summer capacity and peak fares will exceed pre-crisis levels
Budget carrier Ryanair is aiming to reach a fleet of 70 Boeing 737 Max 8-200s for the summer peak, up from the previous target of 65, as it seeks to deploy summer capacity 15% above the pre-crisis level of 2019. It is “cautiously optimistic” that the summer fare peak will ...
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Airline BusinessThe sustainability chiefs leading the airline industry’s net-zero charge
With sustainability established as a top-tier priority for swathes of the commercial aviation sector, dedicated executives at carriers around the world are taking the lead on the topic
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Airline BusinessRyanair’s director of sustainability on SAF, Max, offsets and ensuring ‘the polluter pays’
European low-cost giant Ryanair has not always been known for its commitment to environment issues, but group chief executive Michael O’Leary’s conversion to the cause in recent years has come alongside an effort to put sustainability at the forefront of its strategy.
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NewsApril traffic marks Ryanair’s busiest month since August 2019
Ryanair underlined the strength of its recovery in activity by carrying 14.2 million passengers and reporting load factors of over 90% in April, marking the low-cost carrier’s busiest month since August 2019.
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Airline BusinessAirline sustainability announcements highlight limited scope for action today
The flurry of airline sustainability announcements this week reflects both the industry’s desire for progress on the issue and the limited scope for achieving positive steps in today’s world – beyond well-established levers such as buying current-generation aircraft and optimising flight paths.
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NewsRyanair strikes deal with Neste for sustainable fuel blend at Schiphol
Low-cost carrier Ryanair has signed a deal under which it will use fuel featuring a 40% sustainable blend for some Amsterdam Schiphol-origin flights.
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Airline BusinessCovid and Ukraine weigh on sentiment but signs of normality at A4E summit
Many of Europe’s airline chief executives gathered in Brussels last week for the annual A4E Aviation Summit. A4E – or Airlines for Europe – which represents carriers and groups including Air France-KLM, EasyJet, IAG, Lufthansa and Ryanair, took the opportunity to highlight its calls for action on topics including Single ...
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NewsEuropean low-cost carriers cement loads recovery in March
European low-cost carrier Norwegian carried 940,000 passengers at a load factor of 80.3% in March, the latest budget operator in the region to disclose loads stabilising at higher levels following the Omicron-fuelled dip at the turn of the year.
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NewsRyanair expects full-year loss towards deeper end of guided range
Budget carrier Ryanair is expecting a full-year net loss of €350-400 million ($385-440 million), prior to exceptional items. This is towards the higher end of the previously-guided loss range of €250-450 million for the airline, whose financial year closed on 31 March. Ryanair says its full-year passenger numbers recovered to ...
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NewsRyanair outlines plan to reach net-zero CO2 emissions by 2050
Ryanair has outlined how it plans to reach net-zero CO2 emissions by 2050, with sustainable aviation fuel (SAF) having the biggest impact among four “core strategic pillars”.
