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Category Ryanair

Low fares hurt profits low-cost Ryanair

Aircraft in Air

Ryanair, Europe’s low-cost and low-fare champion, has seen its FY2019 profit drop by 29 percent thanks to… low fares. The Irish LCC announced a EUR 1.02bln profit on May 20, compared to EUR 1.45bln for FY2018. Ryanair at 139.1 million…

O’Leary’s logic behind LaudaMotion

From sudden opportunity to strategic investment: that sums up the position that Austrian low-cost carrier LaudaMotion has taken within Ryanair, the Irish LCC and the number 2-airline within Europe on passenger volumes. But what’s the plan behind this? Airinsight briefly…

Ryanair blames Q3 loss on lower fares

Ryanair blames 6 percent lower fares due to excessive capacity in Europe for its Q3 FY2019 loss of €19.6m, down from a €105.6m profit the previous year. The Irish low-cost carrier expects HY2 fares to be on average 7 percent…