Irish no-frills carrier Ryanair has reported a decline in profits for the first half of its fiscal year. Europe’s largest budget airline said the slump was due to repeated strikes and higher fuel prices.Ryanair's profits for the first half of its fiscal year fell by 7 percent to €1.2 billion ($1.38 billion), the low-cost Irish …
The Irish low-cost carrier has in 2018 become synonymous with strikes. While the airline has managed to operate the overwhelming majority of its flights, reputational damage has been unavoidable.In the not-too-distant past, there were always a few people wary of booking Ryanair flights for rather epicurean reasons. An insufficiently fluffy cushion, too little leg room, …
Ryanair passengers are suffering travel disruptions as German pilots and cabin crew have launched a 24-hour strike over better pay and conditions. The Irish low-cost carrier also faces an autumn of discontent elsewhere.The one-day strike by Ryanair pilots and cabin crew in Germany began at 3 a.m. (0100 UTC) on Wednesday and grounded 150 flights …
Irish no-frills carrier Ryanair has said it has reached an agreement with the trade union representing its Irish pilots. It was good news for the budget airline, which had sought to quell staff protests across Europe.The proposed agreement between Ryanair and its Irish-based pilots will now go to a ballot, with a recommendation for acceptance …
German pilots working for Irish no-frills carrier Ryanair are planning to strike on Friday, August 10. They are to join industrial action already announced by their colleagues in Ireland, Sweden and Belgium.Ryanair pilots in Germany are planning a 24-hour strike action this week, their union announced Wednesday. The strike is to begin shortly after midnight …
Irish budget carrier Ryanair has confirmed it’s canceling some 30 flights Thursday after pilots based in Ireland announced a 24-hour strike. They want the airline to meet their demands over new working practices.Ryanair said it had canceled 30 of its 290 Irish flights on Thursday as a result of a strike announced by the Irish …
The budget airline has shrugged off the grounding of 20,000 flights last winter, and has carried nearly 12 million more passengers. Looking ahead, the Irish carrier predicts headwinds from a doubling in oil prices.Ryanair, Europe’s biggest low-cost airline, said on Monday its net profit had risen 10 percent in the last financial year despite a …
Irish no-frills carrier Ryanair has said it’s launching its first routes from European cities to Ukraine. The announcement rekindles a deal the airline walked away from last year in the face of alleged protectionism.Ukrainian President Petro Poroshenko and Ryanair CEO Michael O’Leary announced the deal at a briefing at Kyiv’s Boryspil Airport on Friday. Poroshenko …
Europe’s largest budget airline has reported a surge in quarterly profits. The positive result came despite a flight cancellation crisis that had hit Ryanair after the airline had rostering problems with its pilots.Ireland’s Ryanair reported Monday its quarterly net profits rose by 12 percent. It said post-tax earnings increased to €106 million ($132 million) year …
Ryanair has officially signed a deal to recognize a British pilots’ union, the first recognition of a union in the history of the carrier. But it remains unclear whether more deals with other unions will follow.Irish budget airline Ryanair on Tuesday announced it would allow Britain’s pilots’ association to start negotiating on issues such as …
Unions representing pilots in Ireland and Portugal have suspended plans to strike before Christmas, lifting the threat of walkouts at the low-cost carrier after it agreed to recognise trade unions for the first time.Ireland’s Impact trade union and Portugal’s SPAC announced on Sunday that they would cancel planned 24-hour strikes due to take place on …
Irish budget carrier Ryanair has reported a decent rise in full-year profit despite a business environment that has driven down ticket prices rapidly. But increased capacity and cost cuts proved successful.Ireland’s Ryanair on Tuesday announced a 6-percent rise in bottom-line earnings for its business year ended March 2017. Europe’s largest carrier by passenger numbers said …
Irish no-frills carrier Ryanair has announced its third-quarter profit has dropped considerably, with a weak British pound being one of the main reasons behind the slump. Full-year guidance was left unchanged.Earnings at Europe’s largest carrier by passenger numbers dropped by 8 percent year on year in the third quarter to December 31, the Irish airline …
The head of Europe’s largest airline by passenger numbers, Michael O’Leary, has told a German business daily that he has a vision of completely doing away with ticket prices at Ryanair. Sounds good, doesn’t it?Ryanair CEO Michael O’Leary told the Tuesday edition of German business daily “Handelsblatt” the budget carrier’s ultimate goal was to do …
Germany’s largest airline is no longer Europe’s largest. Modest growth in passenger numbers was not enough to fend off the fast-expanding Irish budget carrier.Figures released Tuesday showed Lufthansa’s passenger numbers had fallen behind those of Irish budget carrier Ryanair for the first time. Lufthansa group – which owns Austrian Airlines, Swiss, and low-cost Eurowings – …
Irish airline Ryanair has reported a decent rise in first-quarter profits not least due to growing traffic and reduced fuel costs. But future earnings look set to be impacted by the aftermath of the UK’s Brexit vote.
Police and customs officials have visited Ryanair bases at six German airports to interview ‘contract’ pilots on hiring practices. Prosecutors say the probe relates to two British firms servicing the budget airline.
