Ryanair
Ryanair reports 85% fall in profits
Ryanair has this week announced a Q1 profit of €21m down €118m (or 85%) as fuel costs almost doubled and yields fell due to the absence of Easter in this quarter and its presence in the prior year comparable. Despite the absence of Easter, traffic grew by 19% to 15m, as average fares (including bag charges) fell by 8% to €42, while total revenues grew 12% to €777m. Unit costs excluding fuel fell by 6%, including fuel they increased by 18%, due to higher oil prices and longer sector lengths.
Ryanair announces £5 Tour de France seat sale
To mark the end of this year’s Tour de France, Ryanair has launched an amazing £5 seat sale on a number of routes to France. The £5 seats (which include taxes and charges), can be booked on Ryanair.com up to midnight tonight, Friday 25th July, subject to availability, for travel between 1st September and 31st October 2008.
Ryanair announces 2 new routes from Leeds Bradford
Ryanair has announced 2 new routes to Girona Barcelona and Alicante from Leeds Bradford International Airport. The Girona Barcelona route will operate 4 times weekly from 1st October 2008, while the 3 times weekly service to Alicante will commence on 28th October.
Ryanair announces capacity reductions at Stansted
Ryanair has announced substantial capacity cutbacks at Stansted for its Winter Schedule (08/09). Ryanair, which last Winter had 36 aircraft based at Stansted, will this Winter reduce that number to 28 aircraft (a 25% reduction), and an approximate 14% reduction in the number of weekly flights from over 1,850 per week last year to just under 1,600 this year. Ryanair estimates that its traffic at London Stansted will decline this Winter by some 900,000 passengers compared to last Winter’s schedule.
Ryanair says £1 airfares are alive and well
Ryanair has confirmed that contrary to last week’s claims by EU bureaucrats, £1 airfares are alive and kicking and are available during a 3 day seat sale at ryanair.com.
Ryanair announces new route from Luton to Biarritz
Ryanair has announced a new route from London Luton to Biarritz in the South of France. The route will operate three times weekly commencing 4 November 2008.
Ryanair announces schedule reductions at Dublin Airport
Ryanair, Europe’s largest low fares airline, today (July 15) announced substantial capacity reductions at its Dublin base for the coming winter schedule (2008-9). Compared to last winter, when Ryanair operated 22 aircraft and over 1,350 weekly flights, Ryanair’s schedule at Dublin this winter will be reduced to 18 based aircraft and less than 1,200 weekly flights.
Ryanair announces further reductions in Autumn seat sale
Ryanair today announced a further price reduction as part of its Autumn 2008 Seat Sale – doubling the savings already available to millions of customers. The latest deal reduces Ryanair’s return fares by £40 for travel between 9 September and 28 March 2009. All of Ryanair’s 716 routes are included in this offer.
Ryanair criticises IAA radar failure at Dublin Airport
Ryanair has criticised the Irish Aviation Authority (IAA) for the incident which followed the failure of the IAA’s radar system at Dublin Airport, causing Dublin Airport to be closed to inbound flights at 14:00hrs yesterday with five inbound Ryanair flights being diverted to Shannon and Belfast.
Ryanair.com says ‘no changes necessary’
Ryanair has welcomed the European Parliament decision to bring airlines into line with fare transparency standards. The airline also states that its own website is already compliant with the decision made today.
Ryanair condemns increased taxes on air travel
Ryanair has condemned the European Parliament's decision to include aviation in EU emissions trading systems from 2012 onwards. This vote by the European Parliament could add up to €50 per flight to the cost of passenger tickets from 2012 onwards (although even these MEPs don’t know how much the final figure will be), in a measure that will substantially increase taxation on Europe’s consumers.
Ryanair manager joins Aer Lingus
Ryanair has announced that Sean Coyle, its Director of Scheduled Revenue, has resigned to take up the position of Chief Financial Officer in Aer Lingus Group plc in which Ryanair is a 29% shareholder.
Ryanair launches Autumn seat sale
Ryanair has launched its Autumn 2008 Seat Sale, knocking €10 off millions of seats across Europe. All of Ryanair’s 716 routes are included in the offer, for travel between September 2008 and March 2009.
Ryanair announces new route from Knock to Liverpool
Ryanair has announced a new daily route from Ireland West Knock Airport to Liverpool – commencing on 27th October 2008.
Ryanair launches new route from Birmingham to Prague
Ryanair has announced a new route from Birmingham to Prague. This follows the launch of the airline’s new base at Birmingham last month when the airline announced 9 other new routes also due to take off in October.