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Pin to quick picksRyanair Hldg. Share News (0RYA)

Share Price Information for Ryanair Hldg. (0RYA)

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Share Price: 1,752.00
Bid: 1,706.00
Ask: 1,798.00
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Ryanair passenger numbers jump 9% in December

Wed, 03rd Jan 2024 07:41

(Sharecast News) - Budget airline Ryanair reported a 9% jump in December passenger numbers on Wednesday as it cautioned that the removal of its flights from online travel agents will dent short-term load factors and soften short-term yields.

The budget airline said traffic rose to 12.54 million from 11.52m in the same month a year earlier, while the load factor - which gauges how full the planes are - ticked down to 91% from 92%.

On a rolling 12-month basis, passenger numbers rose 13% to 181.8m and the load factor increased to 94% from 92%.

Ryanair said it operated more than 72,500 flights in December but over 900 flights were cancelled due to Israel/Gaza conflict.

The airline also noted that early last month, OTAs such as Booking.com, Kiwi and Kayak suddenly removed its flights from sale on their websites.

The "welcome" removal may be the result of pressure from Consumer Protection Agencies or a response to the recent Irish High Court ruling, which granted Ryanair a permanent injunction against screenscraper Flightbox from unlawfully scraping Ryanair.com content for OTAs, the company said. It could also be in response to Ryanair's 'Know Your Passenger' customer initiatives such as verification, it added.

Ryanair said that while these OTAs only account for a small fraction of its bookings, it expects the move to reduce short term load factors by 1% or 2% in December and January and also to soften short term yields as it responds by making more low fares available directly to consumers.

The airline does not expect the removal to materially affect its FY24 traffic or profit after tax guidance.

"Ryanair will respond to this welcome removal of our flights from OTA Pirate websites, by lowering fares where necessary to encourage all passengers to book directly on Ryanair.com where they are guaranteed to always get the lowest air fares without OTA Pirate overcharges, fake contact info, or other pricing/refund scams," it said.

"In the meantime, Ryanair continues to make its fares available to honest/transparent OTAs such as Google Flights, who do not add hidden mark ups to Ryanair prices and who direct passengers to make their bookings directly on the Ryanair.com website."

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4 Mar 2024 07:18

Ryanair traffic jumps 5% in February

(Sharecast News) - Budget airline Ryanair reported a 5% jump in February passenger numbers on Monday.

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29 Jan 2024 07:47

Ryanair cuts full-year profit forecast

(Sharecast News) - Ryanair cut its full-year profit forecast on Monday as it posted a 93% decline in third-quarter net profit, as higher fuel costs offset revenue gains and after its flights were removed from online travel agents.

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6 Nov 2023 07:54

Ryanair declares first ever dividend as profits jump

(Sharecast News) - Ryanair said on Monday that it will pay its first ever dividend, as it posted a jump in first-half profit thanks to record summer traffic and higher fares.

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2 Nov 2023 08:59

Ryanair traffic jumps 9% in October

(Sharecast News) - Budget airline Ryanair reported a 9% jump in October passenger numbers on Thursday.

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4 Sep 2023 08:02

Ryanair passenger numbers jump 11% in August

(Sharecast News) - Budget airline Ryanair reported an 11% jump in August passenger numbers on Monday.

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10 May 2023 10:37

Ryanair Holdings vindicated by EU court decision on Lufthansa Covid rescue

(Sharecast News) - A European Union court upheld Ryanair Holdings challenge of Berlin's 2020 €6.0bn recapitalisation of rival Lufthansa.

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5 Jan 2023 08:54

Liberum upgrades Ryanair on higher profit guidance

(Sharecast News) - Liberum upgraded Ryanair on Thursday to 'buy' from 'hold' and upped the price target to €16 from €13 after the budget airline lifted its profit guidance.

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2 Dec 2022 07:22

November passenger numbers take off at Ryanair

(Sharecast News) - Ryanair Holdings reported a jump in passenger numbers in November on Friday, as demand held up despite cost-of-living pressures.

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4 Oct 2022 07:12

Ryanair traffic jumps 49% in September

(Sharecast News) - Budget airline Ryanair posted a jump in September traffic on Tuesday, along with an uptick in the load factor.

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11 Sep 2022 23:26

Sunday newspaper round-up: Energy sector, EdF, Fracking

(Sharecast News) - Industry sources are warning that the energy sector needs to know the details of the new Prime Ministers' plans to support businesses in order for them to take effect during the next winter. The government has indicated that a more complete plan for businesses will be announced as soon as possible. In another development, Centrica chief executive officer, Chris O'Shea, voiced support for using contracts for difference for long-term electricity prices as part of efforts to ensure lower prices for consumers over the years ahead. - The Sunday Telegraph

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16 Aug 2022 11:20

Ryanair adds more Stansted flights as Heathrow extends passenger cap

(Sharecast News) - Budget airline Ryanair said on Tuesday that it will add more than 500 flights to and from its main base at London Stansted Airport for the autumn mid-term break, after Heathrow extended its passenger cap to the end of October.

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16 Aug 2022 11:20

Ryanair adds more Stansted flights as Heathrow extends passenger cap

(Sharecast News) - Budget airline Ryanair said on Tuesday that it will add more than 500 flights to and from its main base at London Stansted Airport for the autumn mid-term break, after Heathrow extended its passenger cap to the end of October.

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25 Jul 2022 07:52

Ryanair swings to profit in Q1 as traffic recovers

(Sharecast News) - Budget airline Ryanair said on Monday that it swung to a profit in the first quarter as traffic recovered, but did not provide any guidance for the year given the "fragile" air travel market.

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15 Jul 2022 11:12

JPMorgan downgrades easyJet to 'underweight'

(Sharecast News) - JPMorgan Cazenove downgraded easyJet to 'underweight' from 'neutral' on Friday and slashed the price target to 310p from 625p, arguing that non-fuel costs could continue to disappoint, as it took a look at European airlines.

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