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Ryanair traffic slumps 53% in August as Covid dents travel

Wed, 02nd Sep 2020 07:38

(Sharecast News) - Ryanair reported a 53% decline in August passenger numbers on Wednesday, with the budget airline operating around 60% of its normal schedule as the Covid-19 pandemic dented air travel.
Passenger numbers fell to 7 million from 14.9m in August 2019, while on a rolling basis, annual traffic was down 40% to 88.9m.

Ryanair said the August load factor - which gauges how full the planes are - was 73%.

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11 Aug 2022 13:50

Ryanair's O'Leary signals end of €10 fares, blames Brexit for airport chaos

(Sharecast News) - Ryanair boss Michael O'Leary blamed Brexit for the airport worker shortage and indicted that cheap airfares may well be a thing of the past in light of surging energy prices.

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11 Aug 2022 06:43

No super cheap Ryanair fares for "number of years" - CEO O'Leary

(Alliance News) - Ryanair Holdings PLC's trademark EUR1 and EUR10 fares will not be seen for a "number of years" due to soaring fuel prices, the budget airline's boss has said.

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9 Aug 2022 09:20

LONDON BROKER RATINGS: Credit Suisse ups Centrica and BP price targets

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

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9 Aug 2022 08:24

LONDON BRIEFING: abrdn swings to loss and warns targets to be missed

(Alliance News) - Shares in abrdn fell early Tuesday after the asset manager reported a swing to loss and lowered its outlook, saying it feels the current market volatility will see it take longer to hit its revenue growth and cost-to- income ratio targets.

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8 Aug 2022 17:27

Ryanair cabin crew strike in Spain causes only minor disruption

(Alliance News) - The start of a long-planned strike by Ryanair Holdings PLC cabin crew in Spain caused only limited disruption at the country's airports.

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8 Aug 2022 14:08

Ryanair threatens legal action against Hungary over 'unjustfied' fine

(Sharecast News) - Low-cost airline Ryanair said it would take the Hungarian government to court after it was fined for passing an "unjustified" windfall tax onto customers.

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8 Aug 2022 13:14

Hungary fines Ryanair for raising prices to handle Covid recovery tax

(Alliance News) - Hungary has accused Ryanair Holdings PLC of consumer protection violations and fined it more than GBP600,000 after the budget carrier raised ticket prices to cope with a tax on what the government calls "extra profits" of industries ranging from airlines to banks.

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3 Aug 2022 11:49

Ryanair passenger numbers exceed pre-pandemic as summer season hots up

(Alliance News) - Ryanair Holdings PLC on Wednesday recorded sharp traffic growth in July, flying 2 million more passengers than it did the same month before the Covid-10 pandemic.

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3 Aug 2022 08:30

LONDON BRIEFING: Taylor Wimpey says UK housing market remains strong

(Alliance News) - Housebuilder Taylor Wimpey on Wednesday reported a rise in interim profit as it trimmed expenses.

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3 Aug 2022 07:42

Ryanair July passenger numbers soar

(Sharecast News) - Budget airline Ryanair on Wednesday reported a rise in July passenger numbers, despite the travel chaos at UK airports.

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27 Jul 2022 12:31

Ryanair staff in Spain to extend strikes until January

(Alliance News) - A cabin crew strike at Ryanair Holdings PLC in Spain which began in June will continue until January 2023 with regular 24-hour work stoppages, two workers' unions said Wednesday.

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26 Jul 2022 14:44

Deutsche Bank slightly raises target price on Ryanair

(Sharecast News) - Analysts at Deutsche Bank slightly raised their target price on low-cost carrier Ryanair from €15.3o to €15.50 per share on Tuesday following the group's first-quarter results.

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26 Jul 2022 09:42

LONDON BROKER RATINGS: Peel Hunt starts ITM Power with 'buy' rating

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

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25 Jul 2022 16:57

LONDON MARKET CLOSE: FTSE up but gas worries and Ifo survey hit DAX

(Alliance News) - European equities largely recovered from a slow start to post cautious gains on Monday ahead of a busy week of corporate earnings, economic data and a US Federal Reserve interest rate decision.

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25 Jul 2022 09:50

TOP NEWS: Ryanair swings to quarterly profit; revenue beats pre-Covid

(Alliance News) - Ryanair Holdings PLC on Monday reported a sharp rise in first-quarter revenue, beating pre-Covid numbers and sending the budget airline back into profit, even as Easter bookings and fares were badly damaged by the Russian invasion of Ukraine in February.

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