focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRYA.L Regulatory 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 is 1st Eu Airline to Report Monthly Co2

5 Jun 2019 10:59

RNS Number : 2294B
Ryanair Holdings PLC
05 June 2019
 

 

 

RYANAIR BECOMES FIRST EU AIRLINE TO REPORT MONTHLY CO2 EMISSIONS

AVERAGE CO2 IN MAY OF JUST 66G, ALMOST 50% LOWER THAN OTHER MAJOR EU AIRLINES

 

Ryanair today (5 June) becomes the first EU airline to release monthly CO2 emissions statistics, which show an average of 66g CO2 per passenger/km in May 2019.

 

Metrics

May 2019

Total Kilometres

17,529m km

Total Passengers

14.1m

Total CO2 Emissions

1,157 kt

CO2 Per Pax/km

66g

 

 

With the highest passenger load factor (96%) and one of the youngest fleets (ave. of 6 years), Ryanair delivers the lowest CO2 per passenger/km in the EU airline industry. Its current average CO2 per pax/km of 67g p.a is substantially lower than its EU competitors, and Ryanair has committed to reducing this further to under 60g per pax/km by 2030 – as outlined in its Environmental Policy (click here). Ryanair’s CO2 per pax/km has been cut from 82g to 67g (-18%) over the last decade while high fare competitors such as Lufthansa, BA and AF-KLM currently generate over 120g per pax/km.

 

Ryanair’s environmental commitment includes an investment of over US$20 billion in a fleet of 210 new Boeing 737 “gamechanger” aircraft, delivered between 2019 and 2024, which will carry 4% more passengers, but with 16% lower fuel burn and 40% lower noise emissions.

 

CO2 per passenger/km is the most transparent way to accurately measure every airline operating in Europe. Ryanair will publish its monthly CO2 emissions to show its environmental commitment and calls on all other EU airlines to do the same.

 

Ryanair’s Kenny Jacobs said:

 

“Ryanair is Europe’s greenest/cleanest airline. We have the youngest fleet and highest load factors, so our CO2 per passenger/km is 67g p.a (almost half the rate of other big European airlines). Over the past decade Ryanair’s CO2 per passenger/km has been cut by 18% from 82g to 67g, while competitors such as Lufthansa, BA and AF-KLM currently generate over 120g per passenger/km.

 

As part of Ryanair’s environmental commitment, we will invest over US$20 billion in a fleet of 210 new Boeing 737 “gamechanger” aircraft, which will carry 4% more passengers but reduce fuel burn by 16% and cut noise emissions by 40%.

 

Editor’s note:

It is important to highlight that external factors substantially increase EU airline CO2 emissions. Air Traffic Control (ATC) strikes and staff shortages are forcing airlines to fly longer distances which burn unnecessary additional fuel. These avoidable inefficiencies could be removed by reforming the European ATC system as recently recommended by the European Commission Wise Persons Group.

 

 

 

 

ENDS

Click here to visit Ryanair’s Environmental Website which includes a new video from Ryanair’s Kenny Jacobs speaking about this announcement.

 

For further information

please contact: Alejandra Ruiz Piaras Kelly

Ryanair DAC Edelman Ireland

Tel: +353-1-9451799 Tel: +353-1-6789333

press@ryanair.com ryanair@edelman.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCUGUPAQUPBUBA
Date   Source Headline
4th Nov 20197:00 amRNSHalf-year Report
1st Nov 201910:48 amRNSHolding(s) in Company
1st Nov 20197:00 amRNSTransaction in Own Shares
31st Oct 20197:00 amRNSTransaction in Own Shares
30th Oct 20197:00 amRNSTransaction in Own Shares
29th Oct 20198:21 amRNSHolding(s) in Company
29th Oct 20197:00 amRNSTransaction in Own Shares
28th Oct 20197:00 amRNSTransaction in Own Shares
25th Oct 20197:00 amRNSTransaction in Own Shares
24th Oct 20197:00 amRNSTransaction in Own Shares
23rd Oct 20199:15 amRNSTransaction in Own Shares
22nd Oct 20197:00 amRNSTransaction in Own Shares
21st Oct 20197:00 amRNSTransaction in Own Shares
18th Oct 20197:00 amRNSTransaction in Own Shares
17th Oct 20197:00 amRNSTransaction in Own Shares
16th Oct 20197:00 amRNSTransaction in Own Shares
15th Oct 20197:00 amRNSTransaction in Own Shares
14th Oct 20197:00 amRNSTransaction in Own Shares
11th Oct 20197:00 amRNSTransaction in Own Shares
10th Oct 20197:00 amRNSTransaction in Own Shares
9th Oct 20197:00 amRNSTransaction in Own Shares
8th Oct 20197:00 amRNSHolding(s) in Company
8th Oct 20197:00 amRNSTransaction in Own Shares
7th Oct 20197:00 amRNSTransaction in Own Shares
4th Oct 20197:00 amRNSTransaction in Own Shares
3rd Oct 20197:00 amRNSTransaction in Own Shares
2nd Oct 201911:10 amRNSRYANAIR GERMAN PILOTS VOTE (99%) FOR 4 YEAR CLA
2nd Oct 20199:06 amRNSTotal Voting Rights
2nd Oct 20197:15 amRNSRYANAIR SEPT TRAFFIC GROWS 8% TO 14.1m CUSTOMERS
2nd Oct 20197:00 amRNSTransaction in Own Shares
1st Oct 20197:00 amRNSTransaction in Own Shares
30th Sep 20197:00 amRNSTransaction in Own Shares
27th Sep 20197:00 amRNSTransaction in Own Shares
26th Sep 20197:00 amRNSTransaction in Own Shares
25th Sep 20197:00 amRNSTransaction in Own Shares
24th Sep 20197:00 amRNSRYANAIR UK CABIN CREW VOTE (80%) FOR 4 YEAR CLA
24th Sep 20197:00 amRNSTransaction in Own Shares
23rd Sep 20197:00 amRNSTransaction in Own Shares
20th Sep 20191:52 pmRNSBALPA CALLS OFF ALL RYANAIR UK PILOT STRIKES
20th Sep 20197:03 amRNSHolding(s) in Company
20th Sep 20197:00 amRNSTransaction in Own Shares
19th Sep 20199:19 amRNSAGM Statement
19th Sep 20197:00 amRNSTransaction in Own Shares
18th Sep 20197:51 amRNSHolding(s) in Company
18th Sep 20197:00 amRNSTransaction in Own Shares
17th Sep 20197:00 amRNSTransaction in Own Shares
16th Sep 20197:00 amRNSTransaction in Own Shares
13th Sep 20197:00 amRNSTransaction in Own Shares
12th Sep 20197:00 amRNSTransaction in Own Shares
11th Sep 20192:00 pmRNSRYANAIR AGREES 4 YEAR GERMAN PILOT CLA

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.