Era of 10 euro budget tickets is officially over, says Ryanair boss Michael O’Leary August 11, 2022 Ryanair’s chief said this morning that the airline’s trademark 10 euro fares will not be seen for a “number of years” due to soaring fuel prices. In an interview with BBC Radio 4’s Today programme, Michael O’Leary said he expected Ryanair’s average fare to rise by about 10 euros over the next five years, from [...]
O’Leary deserves credit for flying Ryanair through the Covid-19 storm July 25, 2022 Michael O’Leary is not everybody’s cup of Irish tea. But the Ryanair boss would be right to enjoy a celebratory cuppa aboard one of his flights (that’ll be €2, fella) as his airline returns to profitability in a summer marked by chaotic scenes across Europe at his rivals’ check-in desks. The story of how is [...]
Ryanair exec blames airports for travel chaos, arguing ‘they had one job to do’ July 25, 2022 Ryanair’s chief financial officer Neil Sorahan has blamed airports for the travel chaos, arguing they only had “one job to do.” “The airports themselves, they had one job to do and that was to make sure they have sufficient handlers and security staff,” Sorahan told the BBC’s Today programme this morning. “We managed to staff [...]
Ryanair flies into first profit in years despite merciless Ukraine beating in already ‘fragile’ market July 25, 2022 Ryanair has swung to a first-quarter profit despite airport disruption and a hit from the Ukraine war, but warned that the full-year outlook is unpredictable in a “fragile” market. The Irish airline reported profits after tax of £145m for the three months to June 30 against net losses of £233m a year ago as passenger [...]
Ryanair boss calls for ‘more common sense’ in implementing post-Brexit immigration rules July 22, 2022 Ryanair’s boss Michael O’Leary has called for “a bit more” of common sense on the government’s side when implementing post-Brexit immigration rules. The Irish executive urged transport secretary Grant Shapps to allow EU workers to work in the UK and ease the ongoing travel chaos. “We have this bizarre situation at the moment that in [...]
Flying above 2019: Ryanair posts busiest month ever with nearly 16m passengers in June alone July 4, 2022 Ryanair had its busiest month ever in last month, flying 15.9 million passengers. Its load factor reached 95 per cent for the first time since the beginning of the pandemic, and topped previous records set in May this year. The budget airline said it operated over 88,500 flights in June, and expects to fly 15 [...]
Ryanair and pilot union Balpa reach agreement on post-Covid pay restoration June 30, 2022 Ryanair and UK pilot union Balpa have today reached an agreement on post-Covid pay restoration, after staff agreed to a 20 per cent salary cut during the peak of the pandemic. The airline pledged to pay restoration for its UK staff, as it forecasts this year it will grow by 115 per cent on pre-pandemic [...]
Summer fares will be up by nine per cent according to Ryanair boss June 14, 2022 Travellers need to be ready as summer fares will be up between 7 and 9 per cent, said Ryanair’s boss Michael O’Leary. According to the chief executive, bookings are strengthening while June load factor has reached 94 per cent of 2019 levels. “And July, August, and September look very strong with higher load factors and [...]
Send in the army to help airports, says Ryanair boss June 2, 2022 The UK Government should send in the army to relieve pressure from airports as the travel mayhem rages on, according to Ryanair’s boss Michael O’Leary. “Bringing in the army, which they do and many other European airports, would, at a stroke, relieve the pressure on airport security and would mean that people have a much [...]
Ryanair reports 15m passengers in May as summer bookings ramp up May 25, 2022 Ryanair has reported that 15 million passengers travelled aboard its planes in May as summer bookings continue to ramp up. According to the low-cost carrier, load factor – the measure of how well an airline fills its seats – has gone up to 92 per cent, 1 per cent above April’s levels. Load factor is [...]