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EU Court dismisses Ryanair appeal against hostile takeover bid
Fri, Jul 9 2010 4:54 PM
On Tuesday last, July 6, the European Union General Court in Luxembourg dismissed Ryanair’s appeal to the court against the prohibition of the carrier’s hostile takeover bid for Aer Lingus. The ruling effectively confirms the findings of the EU Commission that such a takeover would remove competition between the two carriers, contrary to the interests... Read More...
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Ryanair backs down on reimbursement cap
Thu, Apr 22 2010 6:25 PM
Earlier this month Ryanair was celebrating the decision by a German court which ruled that the cancellation of a flight from Jerez in 2007 due to weather conditions did constitute exceptional circumstances under rule EU261 and thus denied the passenger’s claim. Yesterday the company’s chief executive Michael O’Leary said that Ryanair would consider... Read More...
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Runway extension at Belfast City Airport referred to public enquiry
Thu, Apr 8 2010 4:16 PM
Ryanair has criticised the decision by the Northern Ireland government to refer the matter of a proposed runway extension at Belfast City Airport to a public enquiry. The decision will delay the approval or otherwise of the extension by 18 months until 2012. At present Ryanair operates 5 routes to mainland UK airports – Bristol, East Midlands, Glasgow,... Read More...
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Dempsey mandates DAA to operate T2
Thu, Mar 11 2010 8:29 AM
Minister for Transport Noel Dempsey issued a statement yesterday in which he explained that he has mandated the Dublin Airport Authority (DAA) to operate the airport's T2 when it opens for business later this year. Last year the DoT commenced a tendering process to select an operator for the facilities management of T2. Yesterday Minister Dempsey said that... Read More...
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Ryanair calls on Minister Dempsey to apppoint Appeal Panel on passenger charges
Fri, Mar 5 2010 4:58 PM
Ryanair chief executive Michael O'Leary today called on Minister for Transport Noel Dempsey to appoint an Appeal Panel under the Airport Regulation legislation to review the December 2009 decision by the Commission for Aviation Regulation to allow the DAA (Dublin Airport Authority) increase passenger handling charges at Dublin Airport by 40%. The DAA is due... Read More...
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Ryanair refute claims of alternative use of Hangar 6
Fri, Feb 19 2010 8:29 PM
Yesterday morning Rynair released what it says is written proof that it intended to use Hagar 6 at Dublin Airport for the purposes of aircraft maintenance only. The company released the contents of a letter written in July 2009 to Mr. Barry O'Leary, chief executive of the IDA (Industrial Development Authority) in which Ryanair's Michael O'Leary outlined... Read More...
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Impasse continues as Ryanair and Government refuse to yield on Hangar 6
Wed, Feb 17 2010 10:28 PM
Ryanair's ambition to secure a lease on the Hangar 6 facility at Dublin Airport for the purpose of establishing an aircraft maintenance facility looked less tonight than it did yesterday afternoon. Ryanair chief executive Michael O'Leary met with Tanaiste (Deputy Prime Minister) and Minister for Enterprise, Trade and employment, Mary Coughlan last night... Read More...
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Minister Coughlan to meet O'Leary over Hangar 6 jobs
Tue, Feb 16 2010 3:52 PM
Tanaiaste (Deputy Prime Minister) and Minister for Enterprise, Trade & Employment Mary Coughlan has agreed to a meeting with Ryanair chief executive Michael O'Leary to discuss the creation of 300 engineering jobs at the former SR Technics hangar at Dublin Airport. The meeting will take place at 7.00pm this evening and comes on the heels of what has turned... Read More...
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Ryanair, government clash over location of maintenance facility
Mon, Feb 15 2010 7:12 PM
Ryanair and the Tanaiste (Deputy Prime Minister) Mary Coughlan, Minister for Enterprise, Trade and Employment have clashed over the events which led to Ryanair announcing last week that it intends to open a heavy maintenance facility which will create 200 jobs in Prestwick Airport. It was certainly not the Valentine that Minister Coughlan was expecting when Ryanair... Read More...
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Ryanair to establish second maintenance hangar at Prestwick in £8m investment.
Wed, Feb 10 2010 9:47 PM
Ryanair announced today that it is to establish a second maintenance hangar at Glasgow Prestwick Airport in an investment which will cost £8m. The 6,000 sq.m facility is due to open in October 2010 and is expected to create an additional 200 engineering jobs at the Ryanair Prestwick facility. The airline currently employs 200 staff in the engineering role... Read More...
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Will Ryanair invest in Webjet ?
Thu, Feb 4 2010 4:25 PM
Reports surfaced last weekend that Ryanair had made an offer for an undisclosed equity stake in Brazilian low cost carrier Webjet. The airline which was started in 2004 with two aircraft is now ranked third in the domestic Brazilian market behind TAM and GOL. In December 2009 Webjet had just over 5% market share, the highest figure it has achieved in its short... Read More...
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Ryanair reduces Q3 loss to €11m
Mon, Feb 1 2010 4:20 PM
Ryanair chief executive Michael O'Leary declared himself disappointed at the €11m loss the carrier incurred in Q3 for FY 2009/10. The loss, announced today is less than expected and significanlty improved on the 2008 Q3 loss which ran to €102m. Revenue for the Quarter grew just 1% to €612m as a 14% growth in traffic numbers was offset by a... Read More...
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Aer Lingus announce December passenger figures, retrench at Gatwick base
Fri, Jan 8 2010 10:26 AM
Aer Lingus announced its Decmber passenger figures today. For the month, a total of 766,000 passengers were carried which represents a 9% YoY increase. Short haul accounted for 693,000 passengers, a 13.2% YoY increase whilst long haul accounted for 73,000 passengers, a 19.8% YoY decrease. Short haul load factor was up 2.6% YoY to 69.5% against a capacity increase... Read More...
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O'Leary still wants Aer Lingus scalp as his legacy
Wed, Dec 2 2009 9:30 PM
Speaking on radio over the weekend, Ryanair chief executive Michael O'Leary, who has been at the helm of the carrier for the past 15 years said that he would be gone from the airline within the next "two or three years" but only after Ryanair has taken over the former state carrier. Speaking on RTE radio, Mr. O'Leary said that Ryanair would... Read More...
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Hopes for Ryanair - Boeing deal receding
Fri, Nov 20 2009 7:32 PM
Speaking at a press conference in Dublin yesterday, Ryanair chief executive Michael O'Leary said that the airline will need to have reached tentative agreement with Boeing by the end of this month or very early in December to allow a formal agreement by signed by year end. If a deal is not reached by the end of the year, Ryanair will walk away from its long... Read More...
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