Ryanair share price rises as passenger numbers soar to a record high September 3, 2014 Outspoken Ryanair boss Michael O'Leary stayed resolutely quiet this morning as the budget airline announced record monthly traffic. Passenger numbers grew four per cent, from 9 million in August 2013 to 9.4 million in the same month this year, pushing shares up 1.35 per cent in early trading. Marketing manager Kenny Jacobs put the rise [...]
Ryanair’s revamp as it aims for business suits August 27, 2014 Budget airline Ryanair is looking to entice companies focused on their bottom line to choose its newly launched business class service, as it aims to become the default option for short-haul corporate travel. Ryanair, Europe’s largest no-frills airline, has attracted controversy in the past with mooted ideas of standing- only flights and charging to use [...]
Ryanair business class targets no-frills corporate travellers August 27, 2014 In its latest attempt to expand its no-frillls image – and boost its bottom line – Ryanair has announced plans to offer a business class service on flights. For the bargain price of £59.99, Ryanair Business Plus will offer corporate travellers flexible ticket changes, 20kg baggage allowance, priority boarding and premium seats. The low-cost carrier [...]
Ryanair boss Michael O’Leary in talks to takeover Cyprus Airways August 21, 2014 The outspoken boss of budget airline Ryanair will begin talks with the Cypriot government about a possible takeover of Cyprus Airways, despite previously claiming he was "not particularly interested" in buying the airline. Ryanair is one of a number of companies interested in the state-controlled, loss-making airline. At a press conference today (August 21), O’Leary [...]
EasyJet and Ryanair soar above turbulence with passenger rise August 6, 2014 Budget airlines easyJet and Ryanair yesterday reported jumps in passenger numbers for July. EasyJet enjoyed a 7.7 per cent growth in passenger number for July compared to the previous year –around 6.5m compared to 5.976. The passenger load factor increased by 1.3 percentage points to 92.2 per cent. The budget airline saw its third quarter [...]
Ryanair’s charm offensive pays off with 152 per cent profit rise July 28, 2014 A strong Easter performance and its new focus on customer service have been highlighted by Ryanair as some of the reasons it enjoyed an 11 per cent rise in revenue and a four per cent rise in passenger numbers in the first quarter. The buoyant results come after a string of less successful announcements, with [...]
Ryanair holidays on the rise but bikinis are out as “cabin crew stunners” calendar paused July 28, 2014 Michael “What part of ‘no refund’ don’t you understand” O’Leary took himself away from the job of airline spokesperson last year, after he announced the company would be replacing its notoriously unhelpful customer service strategy with something of a charm offensive. The secret weapon of said charm offensive was revealed as new chief marketing officer [...]
Ryanair share price rises after full-year profit expectations revised July 28, 2014 There is the cliche of blue skies ahead for Ryanair, after the budget airline raised the upper limit of its profit expectations to €650m from €620m. Shares climbed on the news and were up 4.6 per cent at pixel time. The revision comes, Ryanair said, because of expectations that full-year traffic will rise by 5 [...]
EU slaps Ryanair with fine over French aid money July 23, 2014 Ryanair faces having to repay €9.6m (£7.6m) in French state aid, after the European Commission found the airline had gained “an undue advantage” thanks to the money. The repayments relate to operating at three regional French airports, Angouleme, Nimes and Pau Pyrénées. Ryanair said it had instructed its lawyers to appeal against these rulings.
Ryanair passenger numbers reach new highs July 4, 2014 Passenger numbers for Europe's biggest low-cost carriers continued to soar in June as Ryanair announced record figures today. Ryanair reported that June traffic grew five per cent to 8.3m travellers, compared to 7.9m last year. With that rise, the budget airline has flown a record 82.7m customers in the year to June 2014, up three [...]