Greek crisis: Ryanair boss Michael O’Leary says Greek government is “a bunch of lunatics” and the nation should “get out and work” to pay off debts July 9, 2015 Outspoken Ryanair boss Michael O'Leary – famous for winding up his own passengers on a regular basis – has turned his own brand of “say it as it is” comments on the Greek crisis, describing the government as “a bunch of lunatics”. O'Leary – whose business operates flights to and from cities such as [...]
Ryanair’s June traffic takes off on the back of bigger summer schedule July 2, 2015 Traffic really took off at budget airline Ryanair last month, it turns out: figures published this morning showed passenger numbers grew to 9.5m passengers in June, up 14 per cent from 8.3m passengers the year before. The airline's load factor, how much capacity is actually used, was 93 per cent for the month, up five [...]
Ryanair flight FR7322 to Alicante declares emergency and lands in Paris June 22, 2015 Ryanair flight FR3722 from Frankfurt in Germany to Alicante in Spain has landed in Paris after declaring an emergency. According to AirLive.net, the Boeing 737-8AS turned after being in the air for only a short while. The flight left from Frankfurt-Hahn international airport just under an hour ago and was scheduled to arrive in [...]
The Competition and Markets Authority issues “final order” demanding Ryanair sell its Aer Lingus holding to British Airways parent IAG June 11, 2015 The Competition and Markets Authority has issued a final order that Ryanair sell down its stake in Aer Lingus, reducing its holding from 29.8 per cent to five per cent – but Ryanair has hit back at what it calls a "ridiculous" ruling. It follows a decision by the Irish government last month to [...]
Carry-on luggage on airlines including Lufthansa and Emirates is about to get even smaller June 10, 2015 It's one of life's certainties, on top of death and taxes: arrive 10 minutes late to the queue for your gate on a budget airline, and you'll inevitably be forced to stow your carry-on in the hold, thus adding roughly an hour to your journey. Now the International Air Transport Association (IATA) has come up [...]
Student Adam Armstrong changed his name rather than pay £220 Ryanair fees after booking error June 5, 2015 Something must be rotten in the state of Ryanair when it turns out to be cheaper to change your name and buy a new passport than get the airline to correct a mistake on a ticket. But that is precisely what happened to Adam West – nee Armstrong. He was facing a charge of [...]
Ryanair sees the benefit of customer-friendly approach June 2, 2015 This week, I have considered the case of budget airline Ryanair. How is it that this once much- maligned brand has managed to post a leap in profits of 66 per cent to £623m, accompanied by a rise in share price of 5.4 per cent? The answer, one suspects, is in a concerted change [...]
Ryanair shareprice timeline: One chart showing how the budget airline boosted its profits May 26, 2015 Ryanair's net profits for the year increased by 66 per cent today as the budget airline celebrated its 30th birthday. Click on the image above for a larger version of the graphic. Its share price soared as the company announced its latest figures this morning, which beat analysts' expectations. For the 12 months up to [...]
Ryanair share price jumps as profit soars following new customer service programme May 26, 2015 Ryanair's share price soared this morning as it celebrated its 30th birthday with a 66 per cent increase in net profit for the year – beating analysts' expectations. The figures The low-cost carrier reported net profit of €867m (£614m) in the 12 months ended March 31 from €523m at the same period last year. Revenue rose more steadily [...]
Ryanair boss Michael O’Leary to seek CMA damages as Irish government gets green light May 17, 2015 Ryanair boss Michael O’Leary was fighting a rearguard battle with the Competition and Markets Authority (CMA) over the weekend as he sought to maintain his firm’s stake in Aer Lingus. The threat from O’Leary to seek damages from the regulator, made in the Telegraph, is the latest salvo in the long-running dispute. O’Leary has maintained [...]