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Ryanair traffic jumps 8% in March, load factor steady

Wed, 03rd Apr 2024 07:51

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

Passenger numbers rose to 13.6m from 12.6m in the same month a year earlier, while the load factor - which gauges how full the planes are - was stable at 93%.

On a rolling 12-month basis, passenger numbers grew 9% to 183.7m and the load factor ticked up to 94%.

Ryanair said it operated more than 77,000 flights in March. Almost 950 flights were cancelled due to the Israel/Gaza conflict.

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27 Feb 2024 07:45

LONDON BRIEFING: Croda profit slumps amid weak market, destocking

(Alliance News) - Stocks in London are called lower on Tuesday, following some weakness on Wall Street ahead of the week's US economic data.

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26 Feb 2024 15:11

London close: Stocks fall as investors look to US data

(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.

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26 Feb 2024 11:17

Ryanair CEO O'Leary seeks Boeing compensation over delivery delays

(Alliance News) - Ryanair Holdings PLC Chief Executive Michael O'Leary has blasted the "debacle" at US manufacturer Boeing Co, and said that the low-cost carrier will seek compensation for flight cancellations caused by quality problems and production delays.

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26 Feb 2024 10:58

Ryanair blames Boeing as it revises down passenger forecasts

(Sharecast News) - Ryanair revised down its passenger forecasts and warned of possible flight cancellations over the upcoming summer season on Monday, blaming Boeing over worsening delays in aircraft deliveries.

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16 Feb 2024 10:13

IN BRIEF: Ryanair celebrates Milan court rejection of "OTA pirates"

Ryanair Holdings PLC - Swords, Ireland-based parent company of low-cost airline Ryanair UK - Notes the Wednesday decision of the Milan Court of Appeal, which rejected claims by online travel agencies, including Lastminute.com and Viaggiare, that Ryanair's exclusive online distribution model was an abuse of dominance in the Italian market. The court said that it could establish no harm to users from the direct distribution model, adding that this practice benefits consumers, who enjoy competitive fairs and direct channels of communication with the airline as a result.

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15 Feb 2024 18:26

Tui customers may now also book Ryanair flights

(Alliance News) - Customers of the German travel firm Tui AG will be able to combine their accommodation with flights operated by the Irish budget airline Ryanair Holdings PLC in future.

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7 Feb 2024 10:49

Ryanair wins EU court case against Dutch state aid to KLM

(Alliance News) - Ryanair Holdings PLC has won its bid to have the EU General Court overturn the European Commission's approval of Dutch coronavirus aid to KLM, due to possible spillover of French aid to KLM's sister company, Air France.

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2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

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2 Feb 2024 12:09

LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

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2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

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2 Feb 2024 08:08

TOP NEWS: Ryanair and Wizz Air Passenger numbers rise in January

(Alliance News) - Budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Friday both said passenger traffic increased in January compared to a year before, despite suspended flights to Israel amid the ongoing conflict.

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1 Feb 2024 07:58

JPMorgan upgrades easyJet to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded easyJet on Thursday to 'overweight' from 'neutral' as it took a look at European airlines.

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30 Jan 2024 09:32

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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29 Jan 2024 08:16

TOP NEWS: Ryanair cuts profit guidance after "softer" third quarter

(Alliance News) - Ryanair Holdings PLC on Monday slashed its full-year profit guidance, after the budget airline's flights were removed from 'pirate' travel sites and it endured a weaker festive period.

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