Ryanair news. 43 news related to Ryanair (ryanair)

Ryanair Q1 Profits Rise 55% To € 397m Due To Strong Easter But No Change To FY Guidance

Ryanair, Europe’s No. 1 airline, reported a 55% rise in Q1 profit to €397m. This result is distorted by the timing of Easter in Q1 with no holiday period in the prior year comparative. Traffic grew 12% to 35m as Ryanair’s lower fares and “Always Getting Better” (AGB) programme delivered a record 96% load factor. Ryanair’s CEO Michael O’Leary said:&nb...

Ryanair Unveils 2017/18 (Year 4) “Always Getting Better” Plan

Ryanair, Europe’s No.1 airline, unveiled its 2017/18 customer experience improvement plan which forms Year 4 of its “Always Getting Better” (AGB) programme, including service, digital, ancillary and inflight developments. The new initiatives to be rolled out over the coming year include: Connecting flights – on Ryanair’s network, then on other airlines Even lower...

Boeing, Ryanair Celebrate Delivery of Airline's 450th Next-Generation 737-800

Boeing and Ryanair celebrated the delivery of the airline's 450th Next-Generation 737-800. This significant milestone has been reached in less than two decades, with the Irish low-cost carrier taking an average delivery of 25 737-800s per year since 1999. "Ryanair is proud to partner with Boeing and has operated an all-Boeing fleet since 1994," said Ryan...

Ryanair Issues €750m Eurobond At 1.125% Fixed For 6.5 Years

Ryanair announced that it has issued a 6.5 year, €750m, Eurobond at a fixed coupon of 1.125%. Ryanair is rated BBB+ (stable) by both Standard & Poor’s and Fitch Ratings. These ratings reflect the ratings of Ryanair’s business model which as a long established track record of profitability, cash generation, and an industry leading balance sheet. The bond will be listed on the I...

Ryanair targets Lufthansa’s Frankfurt hub to increase services

The Irish low-cost carrier Ryanair will announce by around late March how much it will step up its service from Lufthansa’s home hub of Frankfurt, said the chief marketing officer Kenny Jacobs. "We need another six to eight weeks to finish our planning and then we will announce new routes," he said, adding Ryanair would add routes to new Mediterranean destinations and to cities...

Ryanair may abandon UK domestic market on Brexit

Ryanair could abandon the UK domestic market following Brexit the Irish LCC's Chief Financial Officer (CFO), Neil Sorahan, has told Bloomberg. Speaking a day after Prime Minister Teresa May confirmed the United Kingdom would be leaving the European Single Market, and by extension the European Single Aviation Market, Sorahan said the anticipated need for a UK AOC would be considered in light...

EU orders Ryanair, TUIfly to repay illegal Austrian airport aid

European Union state aid regulators have ordered Irish budget airline Ryanair and TUI's German carrier TUIfly to repay millions of euros in illegal aid given by an Austrian airport. Certain airport services and marketing agreements between the operator of Klagenfurt airport in southern Austria and Ryanair, TUIfly and HLX - which was merged with Hapagfly in 2007 to create TUIf...

Ryanair Shoots for a Whopping 200 Million Passengers Per Year

Rivals are struggling with falling fares as Europe’s largest carrier projects the 2024 goal. Budget airline Ryanair Holdings raised its long-term growth forecast by 10% on Monday, saying it expected to carry 200 million passengers per year by 2024 and secure a more than 20% share of Europe’s short-haul market as rivals struggle with falling fares. Already Europe’s...

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