Ryanair is buoyant that its total number of passengers carried in FY23 will reach a record-high 168 million and net profit reach between €1.0 and €1.2 billion. The airline expects to build on a strong HY1, although it takes a cautious…
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…
UPDATE – The recovery of air travel remains so fragile and financial headwinds are so strong that Ryanair only can say that it hopes to return to “reasonable profitability” in the current FY23. Close-in bookings, low fares, high fuel prices,…
Just before the pandemic hit the industry in 2020, airline leaders were positive that Europe was about to have a much-needed round of consolidation. They agreed that there were way too many airlines, fighting for the same piece of cake.…
During the Airlines 4 Europe Aviation Summit on March 31 in Brussels, the lobby group once again raised the topic of the Single European Sky (SES). And voiced its frustrations over the lack of progress that has been made on improving…
Ryanair is in no hurry to recommence negotiations and clinch a quick deal with Boeing for the MAX 10. For now, the Irish low-cost airline has no immediate need for the aircraft, so Ryanair is waiting when the timing is…