Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRYA.L Share News (RYA)

  • There is currently no data for RYA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ryanair Planes Take To Skies Despite European Strikes

Thu, 22nd Aug 2019 12:15

(Alliance News) - Ryanair Holdings PLC flew an almost full service on Thursday, the Irish airline said despite strikes by pilots and cabin crew based in Britain and Portugal triggered by pay disputes.

"All first wave flights to and from UK airports departed as scheduled this morning, with 97% punctuality," Ryanair said in a statement, adding that the minimal disruption was due to air traffic control delays.

"We do not expect any disruptions to our flights to/from our UK airports today," it added.

Meanwhile in Portugal, the only delay was to a flight from Porto to Milan, which was put back until the afternoon.

Pilots in Britain were striking Thursday and Friday, while cabin crew in Portugal were on their second day of a five-day walkout.

Ryanair's Britain-based pilots won permission late Wednesday to strike following a ruling by London's High Court after the Irish carrier demanded it be blocked.

However the High Court in Dublin has prevented Ireland-based pilots from joining the walkout.

In Portugal, disruption has been limited after the country's government ordered workers to deliver at least a minimum service.

Ryanair cabin crew in Spain have called for ten days of strikes in September.

The minimal fallout from the strikes contrasts to last year when pan-European stoppages affected thousands of passengers – and led to Ryanair offering improved pay to staff via landmark deals with unions.

But Irish union Forsa claims its 2018 agreement was limited to matters of the time only.

Ryanair claims Forsa has not outlined specific pay demands, has been hasty in their movement to strike and conducted the strike ballot improperly.

The strikes come as the Dublin-based carrier faces several headwinds that are cutting into its growth and profits.

Ryanair's first-quarter net profits sank by more than one-fifth on rising costs, intense competition and Brexit turmoil – issues that continue to affect the budget airline that flies mainly throughout Europe.

Against this backdrop, Ryanair recently slashed its growth outlook and is temporarily shutting bases, also as crisis-hit Boeing pushes back plane delivery owing to fatal crashes that grounded its 737 MAX jets.

source: Agence France-Presse

More News
2 May 2024 09:53

Ryanair air traffic up in April; Wizz Air's load factor dips

(Alliance News) - Ryanair Holdings PLC and Wizz Air Holdings PLC on Thursday released flight figures for the month of April, with both reporting a slight drop in load factor for the month.

Read more
2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came across less hawkish than feared.

Read more
8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
4 Apr 2024 14:39

RBC lifts forecasts for Ryanair, keeps at 'outperform'

(Sharecast News) - RBC Capital Markets has lifted its target price for budget airline Ryanair after upping its forecasts on the back of lower fuel cost projections.

Read more
3 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks down over US Fed rates cuts speculation

(Alliance News) - Stock prices in London were down at midday on Wednesday, as investors showed caution over the US interest rate cuts outlook, with continued robust data showing the resilience of the US economy.

Read more
3 Apr 2024 09:04

Ryanair and Wizz carry more passengers in March; Wizz load factor dips

(Alliance News) - European budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Wednesday reported growth in passenger numbers in March, although Wizz Air's load factor fell back.

Read more
3 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 down as US Fed cut conviction wanes

(Alliance News) - Stock prices in London opened down on Wednesday, as sentiment in global equities weakened with investors fretting over the US interest rate outlook.

Read more
3 Apr 2024 07:57

LONDON BRIEFING: Wizz Air capacity rises; Hilton Food profit up

(Alliance News) - Stocks in London are set to open lower on Wednesday, as sentiment in global equities takes a hit amid doubts over the timing of US interest rate cuts following continued robust economic data.

Read more
3 Apr 2024 07:51

Ryanair traffic jumps 8% in March, load factor steady

(Sharecast News) - Low-cost airline Ryanair reported an 8% jump in March traffic on Wednesday.

Read more
25 Mar 2024 15:06

Ryanair welcomes "much-needed" management overhaul at Boeing

(Alliance News) - Ryanair Holdings PLC on Monday said it welcomed the management shake-up at Boeing Co which will see the firm's chief executive and chair step down this year.

Read more
21 Mar 2024 07:52

LONDON BRIEFING: Stocks called up thanks to New York rally

(Alliance News) - Stocks in London are to open higher on Thursday, after a global equity market rally following the latest interest rate call from the US Federal Reserve.

Read more
20 Mar 2024 19:24

Ryanair threatens to shut its operations at Bordeaux airport

(Alliance News) - Ryanair Holdings PLC on Wednesday threatened to shut its base at Bordeaux if the southwestern French airport raises its fees, putting 120 jobs at risk according to a union.

Read more
14 Mar 2024 09:19

UK air traffic control meltdown probe finds "lack of pre-planning"

(Alliance News) - An independent review into the August bank holiday air traffic control meltdown in the UK, which affected nearly 750,000 passengers, has highlighted a "significant lack of pre-planning".

Read more
4 Mar 2024 11:52

LONDON MARKET MIDDAY: Stocks mostly lower ahead of UK Spring budget

(Alliance News) - Stock prices in London were mostly lower at midday Monday, as the week started off on a quiet note ahead of a busy week of monetary policy decisions and economic data from across the globe.

Read more
4 Mar 2024 08:57

Ryanair and Wizz carry more people in February; Wizz load factor down

(Alliance News) - European budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Monday both said they flew more passengers last month than a year before, though Wizz said its load factor was hurt by the conflict in Gaza.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.