Mr O'Leary also warned passengers expecting refunds for cancelled flights that the airline had a backlog of 25 million refunds to process, with staff reduced to 25% of normal levels. Quite a few million won't be using Ryanair again.
He said refunds for flights originally scheduled for May would take four to six months to process. Yet when you book a flight it comes out your account in seconds - even if the flight is 10 months away.
I think his tactics will come back to bite him - people will remember who held on to people's money at a time when people needed their money most.
Lysol sales are surging.
(Bloomberg) -- The viral pandemic sweeping the globe sent Lysol-maker Reckitt Benckiser Group Plc to its strongest start to the year in recent memory.
Sales jumped 13.5% in the first quarter, crushing estimates and prompting the Slough, England-based company to raise its outlook for the year. The shares rose the most in six weeks.
As demand soars, Reckitt is ramping up production, Chief Executive Officer Laxman Narasimhan said on a conference call. “To give you one example: In the coming month of May -- in one month -- we’ll produce all the sanitizers we produced in 2019, for the whole year.”
From World Health Organisation:
You can catch COVID-19, no matter how sunny or hot the weather is. Countries with hot weather have reported cases of COVID-19.
I think peoples immune system works better when the weather is warmer in the summer.
JohnBri4 - at least you post facts and do not engage in blatant ramping and nonsense about FlightRadar. Spain has revealed 4 phases to ease the lockdown. There is no proposal to resume commercial flights any time soon. This summer's income for RYA is ruined and 2021 won't be much better as people will be afraid to get on a confined metal petri dish. They know this which is why they're refusing to honour refunds. Social distancing must be continued until a vaccine is found (18 months). I repeat my 8€ price target for RYA - get out while you can. BTW sage - do you still think the warmer weather will kill off the virus?
Well John - good luck with that - you will need it. Obviously I should believe you and not Sky News or The Independent. I too was offered a form to click on to get my refund. After I submitted my refund and got confirmation they would pay it I got an email (a month later!!!) with a voucher offer. You will be in the same boat in a month from now is my guess. After doing some research, the following airlines have been reported as refunding customers (Ryanair is missing of course):
I will not shut up sage because I am angry they are holding on to my money - a month after they said they'd return it. Sorry sage but why do you agree with and support a company that breaks the law and holds on to thousands of customer's hard earned money? I just want my money back like many others do - see below:
Looks like washing hands is going to be the order of the day for at least 18 months - when a vaccine might be available generally, if we're lucky. Carex handwash still selling out here as soon as it goes on the shelves. No brainer investment for next few years. Strong company with respected brands and global reach at a knock down price.
I'll take your post with a large pinch of salt as it doesn't stack up with the evidence online from every news outlet.
Been emailed quite a few vouchers from this shower of a company but I just delete them. How can they expect customers to wait 12 months for their money? My refund (hopefully) will be coming through credit card company. It is now 40 days since my refund request to RYA. There will be thousands like me. Luckily, I took screenshots of my refund submission being approved and their Ts&Cs so I'm safe. The screenshot said that they will pay me within 7 days so they are being very very naughty. This voucher crap is just a scam to people cave in or just to make it difficult for them to get their money back. I guess they must be really hurting to make their customers suffer like this. Can't imagine anyone buying their shares while planes are grounded and they treat staff and customers so abysmally.
RYA has a good 15%-20% to fall still. RYA are sitting on millions of customers money and refusing refunds until C-19 is over. If you look on trustpilot, tripadvisor, moneysavingexpert, etc. you will see what the general public think of Ryanair. IAG much safer bet IMHO.
Yet another example of Ryanair making the headline's - this time its the staff who get p***ed off :
Spain's High Court ordered Ryanair on Friday to reinstate 224 workers collectively dismissed from four bases in the country, saying the reasons given by the airline for seeking to close the bases did not justify such a move.
The budget carrier said it had instructed its lawyers to appeal the decision.
In its sentencing, seen by Reuters, the court said the budget airline must immediately reinstate the workers "in the same working conditions" and with "immediate payment of wages not received" since their contracts were terminated in January.
Ryanair dismissed the employees, who worked at bases in Tenerife, Lanzarote and Gran Canaria in the Canary Islands, and Girona in mainland Spain, after announcing it planned to close the four hubs due to delays in the delivery of grounded Boeing 737 MAX planes.
But the court rejected Ryanair's arguments that the Boeing delay, Brexit, and the seasonality of the Girona base justified the dismissals.
Gustavo Silva, general secretary of the USO union, one of three that sued Ryanair, welcomed the decision.
"I hope this makes it clear to them (Ryanair) they have to comply with the law and begin to change their attitude," he said.
Blow to British holidaymakers as Spanish restrictions 'could last until 2021'.
Up to 18 million leave the UK and head to Spain every year but travel plans could stay on hold as Minister of Labour Yolanda Diaz said easing lockdown measures is likely to be done in two phases ... affects flights in and out of the country which have been severely restricted – and halted – as a result of the pandemic. Ms Diaz said these sectors will have "enormous difficulties" to resume their activity so various measures are already being looked at.
Hmm, nice try John, but I think I'd rather be furloughed on 80% pay than the 50% pay cut Ryanair has imposed on all their workers. As usual, Ryanair lets down its staff and customers far more than any other airline. Once this virus is over people will remember the company that took the p*ss.
O'Leary has said that the airline group assumes flights will stay grounded until a "limited" resumption in June. "If it continues beyond that, I think we would have to look at some job losses."
Aw - breaks your heart ... personally I can't see any flights operating in June but I do feel so sorry for the multi millionaire who charges you extra to sit next to your wife on a flight.