Ryanair ended the first quarter of its financial year 2023 with a profit, the first one since Q1 FY2020. Revenues soared, but the Irish low-cost isn’t comfortable about how the rest of FY23 could be panning out as new Covid variants could push it back into a loss for...
Ryanair and Boeing have ended negotiations on an order for the MAX 10s, citing a disagreement on the pricing of the aircraft. At least, that’s the official statement of the Irish low-cost carrier on September 6. More likely is that Michael O’Leary is playing hardball...
Ryanair expects to break even in FY22 or at least generate only a small loss. Good forward bookings are an indication that recovery of air travel in Europe is on its way. However, it will be essential that eighty percent of the European population will have got at...
The airline industry needs another $80 billion in financial aid from governments to get it through the upcoming winter season, IATA Direct General Alexandre de Juniac said last week ahead of Tuesday’s digital Annual General Meeting in Amsterdam. This comes on top of...
Ryanair is expecting delivery of its first Boeing MAX 200s to slip until March or April at the earliest, with more delays not ruled out. This means the Irish low-cost airline will reap the benefits from operating the more fuel-efficient type only during its FY21...
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