All Ryanair articles – Page 3
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NewsRyanair to pay compensation for 2018 strikes after dropping appeal
Ryanair is to offer compensation to passengers affected by a pilot strike four years ago, after dropping plans to take a rejected appeal to the UK Supreme Court. The budget airline, having chosen to recognise trade unions for pilots and cabin crew, suffered a series of industrial actions in 2018, ...
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NewsRyanair group chief O’Leary staying at least until mid-2028
Ryanair Group chief executive Michael O’Leary will remain in his post until at least mid-2028, under a new agreement with the company. The agreement extends his leadership contract by four years, from July 2024 to July 2028, the budget carrier has disclosed. It says O’Leary – who originally became Ryanair ...
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NewsRapid pace of Ryanair traffic growth slows in November
Ryanair’s recent run of sharp traffic growth slowed a little in November as it carried 11.2 million passengers.
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NewsPessimism over inflation risk to Ryanair’s business ‘exaggerated’: O’Leary
Ryanair chief executive Michael O’Leary insists that concerns over rising inflation and recession on its business have been “greatly exaggerated”. O’Leary shrugged off pessimistic forecasts as the budget carrier group unveiled strong second quarter net profits of €1.2 billion. “As the lowest-cost producer in Europe, we expect to grow strongly ...
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NewsRyanair to retrofit scimitar winglets on 737-800 fleet to cut fuel-burn
Budget carrier Ryanair is to retrofit scimitar winglets across more than 400 Boeing 737-800s in its fleet, in order to trim fuel consumption. The retrofit programme will commence during the winter season, the airline states, and represent an investment of more than $200 million. Scimitar winglets are an evolution of ...
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NewsRyanair reports October traffic up 14% on 2019, while Wizz sees 22% rise
Ryanair exceeded its pre-Covid passenger numbers by nearly 2 million in October this year, while rival Wizz Air reported traffic up by around 800,000 passengers on the same basis.
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In depthEuropean airline summer fades with clouds still on supply and demand horizon
After a summer in which travel demand was everything European carriers could have dreamt of, accompanied by nightmare operational challenges, attention is turning to what extent both trends might reappear next year
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NewsletterMixed signals for Europe despite strong traffic recovery
European budget operators Ryanair and Wizz Air outlined the continued strength of air traffic demand in figures for September released this week. The carriers are the first in the region to release traffic data each month and figures for both confirm strong summer demand has continued.
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NewsRyanair and Lufthansa Group sign for sustainable fuel with OMV
Budget carrier Ryanair has reached a provisional agreement with Austrian energy firm OMV covering the supply of sustainable fuel at various airports. The memorandum of understanding will give Ryanair the ability to purchase up to 160,000t of fuel over the next eight years. Ryanair says the agreement will involve delivery ...
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NewsRyanair pulls more routes over Hungarian tax row
Irish budget carrier Ryanair has hit out at what it calls Hungary’s “idotic excess profits tax” after citing the move as a reason for scrapping seven more routes from its Budapest base this winter.
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AnalysisThe two unusual phenomena faced by airlines as headwinds strengthen
IATA retains a positive industry outlook despite acknowledging a long list of industry headwinds – including a couple that are unfamiliar to the sector
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NewsletterRyanair’s Italian surge will be headache for ITA Airways owners
If a consortium comprising Certares, Air France-KLM and Delta Air Lines eventually takes control of Alitalia successor ITA Airways, it will have much ground to make up in the short-haul sector in particular.
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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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AnalysisAirlines 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 ...