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05-May-2021 08:37 AM

Ryanair passenger volumes edge up; remain historically low

Budget carrier Ryanair reported a rise in April passenger volumes, but noted the rise wasn't meaningful amid persistent pressure on demand from pandemic-related travel restrictions. Passenger numbers in April rose to 1 million, up from 0.04 million
07-Apr-2021 09:57 AM

Ryanair upgrades annual guidance; cautions on 2022 expectations

Low-cost carrier Ryanair upgraded its annual guidance, saying it expected to report a shallower loss than previously expected. The airline, however, warned that some analysts' expectations for the current financial year were too optimistic. Net los
02-Feb-2021 07:39 AM

Ryanair passenger volumes slump 88% for January

Budget carrier Ryanair said it carried 88% less passengers during the month of January, owing to the pandemic. Passenger volumes in January 2020 slumped to 1.3 million, down from 10.8 million in January 2019. Story provided by
01-Feb-2021 09:33 AM

Ryanair reports deep quarterly loss; downgrades annual passenger forecast

Low-cost carrier Ryanair swung to a deep third-quarter loss as the pandemic continued to hammer global travel markets. Net losses for the three months through December amounted to €306 million, compared to a profit of €88 million year-on-year.
02-Dec-2020 07:25 AM

Ryanair passenger volumes drop 82% in November year-on-year

Budget carrier Ryanair said it carried 82% less passengers during the month of November as the pandemic continued to hurt the travel sector. Passenger volumes in November fell to 2.0 million, down from 10.9 million in November 2019. Story provided by
15-Oct-2020 07:51 AM

Ryanair to cut winter capacity to 40%

Budget airline Ryanair has cut its capacity for the winter season from 60% to 40%, citing continued travel restrictions across the European Union (EU). Forward bookings in November and December weakened 'materially', the company said, leading t
04-Aug-2020 07:25 AM

Ryanair passenger volumes down 70% in July

Budget airline Ryanair said it carried 70% less passengers during the month of July compared to the same month a year earlier. Passenger volumes in July dropped to 4.4m, down from 14.8m on-year. Ryanair said it had operated around 40% of its normal July
27-Jul-2020 12:51 PM

FTSE falls as travel firms suffer renewed selling

London's FTSE traded 0.3% lower at 6,108 at lunchtime on Monday, led lower by airlines after the UK imposed a two-week quarantine requirement on travellers from Spain. EasyJet tumbled 11% to 526p, British Airways-owner International Consolidated Air
27-Jul-2020 07:34 AM

Ryanair swings to €185m quarterly loss; sees 'challenging' year ahead

Low-cost carrier Ryanair swung to a first-quarter loss after it was forced to ground most of its fleet due to the Covid-19 crisis. Net losses for the three months through June amounted to €185m, compared to a profit of €243m on-year. Revenue s
03-Jun-2020 07:36 AM

Ryanair passenger volumes plummet 99.5% in May

Low-cost carrier Ryanair said its passenger volumes plunged 99.5% in the month of May compared to the same period a year earlier, amid Covid-19 travel bans. Passenger numbers for May were 0.07m, down from 14.1m on-year. The company said that, due to mul
18-May-2020 07:20 AM

Ryanair annual profit rises 13%; sees 'difficult year' ahead

Low-cost carrier Ryanair booked a 13% rise in profit for the financial year just gone by, but warned the current year would be 'difficult' after it grounded flights due to the Covid-19 crisis. Net profit for the year through March 2020 increase
12-May-2020 07:59 AM

Ryanair plans return to 40% of normal flight schedules from July

Budget carrier Ryanair said it planned to return to 40% of normal flight schedules from the beginning of July. It said the plan was subject to government restrictions on intra-EU flights being lifted, and effective public health measures being put in pla
05-May-2020 08:33 AM

Ryanair traffic volume slumps 99.6% in April

Budget carrier Ryanair said it carried 99.6% less passengers in the month of April on-year as it all but grounded its fleet due to the Covid-19 crisis. Passenger volumes dropped to 0.04m, down from 13.5m flown in April 2019. At 8:33am: (LON:RYA) Ryanai
01-May-2020 07:33 AM

Ryanair to axe up to 3,000 jobs; warns of years-long Covid-19 recovery

Low-cost carrier Ryanair said it expected to layoff up to 3,000 workers and was planning to cut aircraft orders, while warning that demand may not fully recover from the Covid-19 crisis for at least two years. Ryanair said the job cuts would mostly affec
23-Apr-2020 03:20 PM

Broker Forecast - Morgan Stanley issues a broker note on Ryanair Holdings PLC

Morgan Stanley today upgrades its investment rating on Ryanair Holdings PLC (LON:RYA) to overweight (from equal weight) and cut its price target to 13p (from 17p). Story provided by Broker Forecasts data provided by www.sharesmagazin
03-Apr-2020 07:16 AM

Ryanair warns on profits as airline traffic sinks

Budget carrier Ryanair warned its annual profit would come in at the bottom end of its previous guidance range, while declining to provide guidance for the new financial year due to uncertainty created by the Covid-19 crisis. Net profit before exceptiona
16-Mar-2020 01:01 PM

Ryanair says grounding entire fleet can't be ruled out

Budget carrier Ryanair said the full grounding of its fleet could not be ruled out over the coming months as governments ban travel to combat the coronavirus. Ryanair noted that over the past seven days countries including Italy, Malta, Hungary, Czech Re
10-Mar-2020 02:24 PM

Ryanair cuts passenger target; says too early to assess coronavirus profit impact

Budget carrier Ryanair said it was too early to assess the impact of the coronavirus on its earnings, while downgrading its annual passenger volume guidance as a result of the outbreak. Ryanair lowered its passenger target for the year through March 2020
03-Feb-2020 07:17 AM

Ryanair swings to profit on higher fares, passenger volumes

Budget carrier Ryanair said it swung to profit in the third quarter of its financial year, as it carried more passengers and charged hire fares. The company also said it expected its full-year net profit to be close to the mid-point of its most recent gu
10-Jan-2020 09:57 AM

Ryanair enjoys bumper Christmas

Irish airline Ryanair announced a better than expected Christmas trading period on Friday (10 January), with forward bookings for January to April 2020 running around 1% ahead of where they were in 2019. The company raised its guidance for profit after t
10-Jan-2020 09:53 AM

Ryanair flies in profit upgrade amid 'stronger' sales over Christmas

Budget-airline Ryanair upgraded its outlook on profit following stronger-than-expected sales over the Christmas period. Following better Christmas and New Year travel period as well as stronger forward bookings in the fourth quarter, Ryanair raised its
04-Nov-2019 07:16 AM

Ryanair first-half profit flat; narrows full-year guidance range

Budget carrier Ryanair reported a flat first-half profit and narrowed its full-year guidance range. Net profit for the six months through September was unchanged at €1.15bn, even as revenue rose 11% to €4.84bn amid an 11% rise in passenger volu
03-Sep-2019 07:58 AM

Ryanair passenger volumes up 8% in August

Irish budget carrier Ryanair said it flew 8% more passengers during the month of August. Passenger volumes rose to 14.9m during August, up from 13.8m on-year, with a 97% load factor. Passenger volumes were up 10% on a rolling annual basis. Story pro
29-Jul-2019 08:30 AM

Ryanair profits slump 21% in first quarter as budget flyer battles weakening demand

Discount airline Ryanair reported a 21% decline in profits in the three months to 30 June as pressure on fares and soaring fuel and staff costs cranked up the pressure on the company. Ryanair reported profit after tax of €243m for the quarter, down
02-Jul-2019 07:45 AM

Ryanair passenger volume rise 13% in June

Ryanair said it flew 13% more passengers in June compared to the same month a year earlier. Passenger volumes rose to 14.2m, up from 12.6m on-year, with a 97% load factor, the budget carrier said. Story provided by
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