Budget airline Ryanair (FR/RYR) has reported a 29% drop in profits for the 2018/19 full financial year with an after tax profit of €1.02bn. Ryanair says that the drop in profits is partly down to rising fuel costs and falling fares, the average Ryanair fare fell by 6% to around [read more]
Budget airline Ryanair (FR/RYR) has condemned an aviation tax due to be introduced across the Netherlands in 2021 as it claims it amounts “further state aid to KLM” The National Aviation Tax is a levy that will be applied to passengers direct flights to the Netherlands but connecting flights and [read more]
Irish budget airline Ryanair (FR/RYR) has been ordered to pay 8 Dutch pilots between 380,000 – 480,000 euros following a ruling by the court of the Den Bosch district. The decision comes after the court ruled that there was no likelihood of “purposeful continuation” of employment for the pilots after [read more]
It emerged yesterday that a WDL Aviation aircraft, operating for British Airways subsidiary BA Cityflyer, landed in Edinburgh instead of flying to Dusseldorf thanks to the incorrect flight plan being sent from WDL Aviation’s operations team. Irish budget airline Ryanair’s twitter team were quick to jump on the embarrassing mistake [read more]
Budget airline Ryanair (FR/RYR) has announced it is to create a new base in Toulouse, France. The two-aircraft base will open in October 2019 and will serve 20 routes including 11 new ones including: Alicante (2 per week) Brest (3) Budapest (2) Lille (daily) Luxembourg (3) Marseille (Daily service) Oujda [read more]
Budget airline Ryanair (FR/RYR) has won a court of appeal ruling that means it can communicate directly with customers bypassing what it describes as ‘claims chasers’. Ryanair policy is that it will always communicate and directly pay any EU261 compensation directly to the claimant rather than to a company acting [read more]
Budget airline Ryanair (FR/RYR) has posted 3rd Quarter losses of £17.2m, its first loss since 2014, despite passenger numbers being up. The airline blamed lower fare prices and excess winter capacity for the losses as well as a much higher fuel bill, up 32%. Traffic with the airline grew 8% [read more]
Ryanair Holdings PLC (owners of Ryanair) has now taken full control of Laudamotion (OE/LDM) following the completion of the sale of 100% shareholding in the airline. Ryanair is planning to grow Laudamotion from 4 million passengers in its first year of operations (from March 2018) to 6 million in year [read more]
Irish budget airline Ryanair (FR/RYR) has launched 150 of its winter 2019 routes as it seeks to secure customer bookings earlier than ever before. Passengers can now book destinations from the UK to Germany, Italy, Poland, Portugal and Spain for flights through to March 2020, that’s more than 12 months [read more]
Irish budget airline Ryanair (FR/RYR) was the first airline to land at the new Murcia Regional Airport (RMU/LEMI) as it took over flights to the region from the old San Javier Murcia Airport. Officially opened by King Felipe V1 of Spain, the airport will see flights from the UK with [read more]
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