Ryanair, Europe’s favourite airline, today (14 Oct) announced it will open a new base at Corfu (No. 75), from April 2016, with 1 based aircraft (an investment of $100m), 11 new routes to Birmingham, Bratislava, Budapest, Cologne, Rome, Katowice, Poznan, Pisa, Rzeszow, Venice and Warsaw and more flights to Brussels Charleroi, East Midlands, London Stansted & Milan Bergamo, which will deli...
Irish regional airline CityJet announced Tuesday at the ERA General Assembly in Berlin that it has signed an agreement with Sukhoi Civil Aircraft (SCAC) and Superjet International (SJI) covering a firm order for 15 Sukhoi Superjets along with options on another 10. Sukhoi values the agreement at more than $1 billion, including options and services. It expects to deliver the first of the...
Aircraft lessor Avolon committed to leasing five Boeing 787-9 Dreamliners to Chinese carrier, Hainan Airlines, in a US$1.3 billion deal, during the third quarter of the year. The Dublin-based company recently agreed a sale to Chinese operator Bohai Leasing for US$31 a-share, valuing the business at US$7.6 billion. In an update on Tuesday, Avolon said that it has delivered eight craft worth U...
Avolon , the international aircraft leasing company, today issues an update for the third quarter of 2015 (‘Q3’). Avolon delivered eight aircraft in Q3 valued at $346 million and sold seven aircraft during Q3. Avolon’s total owned, managed and committed fleet at September 30, 2015 was 258 aircraft, an increase of 14% year-on-year. 2015 Q3 Highlights Business Activity &Os...
An air accident report into a crash between two Ryanair aircraft at Dublin airport has revealed difficulties with "winglets" -- the upturned end points of wings -- which are increasingly being fitted to aircraft across the world. In two separate crashes at Dublin airport, the winglets of Ryanair Boeing aircraft struck other Ryanair aircraft during taxiing on the gr...
Irish regional carrier CityJet is close to finalising an order for 15 Sukhoi Superjets to replace BAE Systems Avro RJ85s, sources familiar with the matter have indicated. The deal, which also spans options for additional Superjets, will be confirmed at the European Regions Airline Association (ERA) general assembly being held in Berlin between 13 and 15 October, say sources. Earlie...
Waypoint Leasing today announced orders and commitments for up to 38 new rotorcraft at the Helitech show in London. In a deal agreed with Airbus Helicopters, the Ireland-based company signed to buy up to 20 H135singles over the next three years, making it the first lessor to offer the type in its portfolio. Firming up commitments made in earlier contracts, Waypoint also agreed to acquire 18 A...
Ryanair is considering allowing pets onto its flights, an airline chief has revealed. Until now the budget airline has had a no-pet policy, meaning its passengers must either put their pets in kennels or forsake their holiday. But the airline recently suggested it has thought about permitting small dogs in the cabin on short-haul flights to Europe. 'We are open to lots of suggestion...
Ryanair has made a number of new senior appointments to its management team. John Tuite - Head of Finance. John joins Ryanair having previously been Head of Finance at Bank of Ireland Corporate. He has spent the past 21 years working for the Bank of Ireland Group, holding a range of senior roles. Eamonn Hackett - Group Treasurer. Eamonn joins Ryanair having previously been Deputy Head of Sup...
Fitch Ratings has affirmed Ryanair Holdings plc’s (RYA) Long-term Issuer Default Ratings (IDR) and Ryanair Limited’s senior unsecured rating at ‘BBB+’. The Outlook on the IDR is Stable. The unsecured rating covers EUR1.7bn of debt, and it is aligned with RYA’s IDR of ‘BBB+’ despite potential subordination to RYA’s approximately...
Ryanair, Europe’s favourite airline, held its AGM in Dublin this morning (24 Sep 2015), during which the airline briefed shareholders on the continuing success of its “Always Getting Better” (AGB) customer experience programme, which has enabled Ryanair to raise its full year traffic forecast (previously 103m) to 104m customers, and its profit guidance by 25%, (previous...
