Ryanair remains cautious about future despite record half-year November 7, 2022 Ryanair has remained cautious about its future despite posting a record half-year performance. Driven by an exceptional summer traffic, the low-cost carrier’s after tax earnings jumped to €1.37bn (£1.20bn) – up from a €48m net loss last year. Even though slightly below analysts’ consensus, this was its highest half-year results ever, as it surpassed the [...]
Flying high: Ryanair breaks another monthly record with 15.7m passengers in October November 2, 2022 Ryanair has broken yet another monthly record, with 15.7 million passengers flying during the month of October. These figures were a record high for the budget airline, who said they were up 14 per cent on pre-COVID levels. The Irish firm has continued to post a steady incline in passenger numbers, with the last few [...]
Ryanair tells passengers to brace for disruption over website and app outage on 8 November November 1, 2022 Passengers have been urged to check in early as Ryanair’s website and app are set to undergo maintenance works later this month. The low-cost carrier has announced the website will be down for 11 hours between 6pm on Tuesday 8 November to 5am on Wednesday 9 November. “Due to planned maintenance, Ryanair website / app [...]
Ryanair’s Michael O’Leary: Worldwide inflation good for our growth October 25, 2022 The world’s surge in inflation rates will help Ryanair’s growth as people will not stop flying altogether, but will rely instead on budget airlines. “We think recession [and] price inflation is very good for our growth,” chief executive Michael O’Leary told journalists today in Lisbon. European countries have in fact been hit by soaring inflation [...]
Ryanair chief forecasts price increase after ‘surprisingly strong’ bookings October 13, 2022 Ryanair is predicting an increase in prices following “surprisingly strong” bookings, according to chief executive Michael O’Leary. O’Leary said that – despite recent forecasts of 3-4 per cent growth – air fares “will rise by a mid to high single digit figure for the full year” unless alarming reports on Covid and Ukraine come out. [...]
Low-cost airlines report strong September as people continue to travel October 4, 2022 Low-cost carriers, such as Ryanair and Wizz Air, have reported a strong September, as people across Europe continue to travel against the backdrop of a volatile economic climate. Ryanair reported that 15.9 million passengers flew aboard its planes last month – making September the second-busiest month ever after August’s record 16.9 million travellers. The carrier’s [...]
Ryanair boss Michael O’Leary to stay until 2028 as airline sorry for ‘mishandling’ press at AGM September 15, 2022 Ryanair’s boss Michael O’Leary is in talks to extend his contract until 2028, as the company said sorry for “mishandling” the press at its AGM this morning. The chief executive told journalists on Thursday that he was hoping to sign the papers by March, subject to agreement on terms. O’Leary also apologised after reporters were [...]
Ryanair boss O’Leary expresses doubts over Boeing deliveries September 7, 2022 Ryanair’s boss Michael O’Leary has voiced doubts over Boeing’s ability to deliver an order of 737 MAX aircraft. “They are running late at the moment, there are problems with production in Seattle and we want to understand those problems,” O’Leary told journalists on Wednesday. According to the chief executive, Ryanair has ordered 210 737 MAX [...]
Ryanair boss Michael O’Leary: We will grow stronger in a recession August 30, 2022 Ryanair’s chief executive Michael O’Leary said the airline will grow stronger amid the UK’s predicted recession. The low-cost carrier said that people will not stop travelling altogether, but they will shy away from more expensive fares put forward by competitors. “People in a recession will get much more price sensitive,” O’Leary told reporters today during [...]
Ryanair adds one million extra seats to UK winter schedule August 23, 2022 Ryanair has announced it was adding one million extra seats to its winter schedule while the likes of British Airways (BA) continue to axe flights. The airline now expects to carry 166.5 million passengers by the end of the year – 1.5 million more than initially predicted. The low-cost carrier said it was increasing its [...]