Ryanair profit rises despite volcano losses November 1, 2010 Ryanair, the low cost airline, yesterday announced profits of €452m (£392m) for the half year to 30 September, an increase of 17 per cent on the same period in 2009. The profits came on the back of a 23 per cent increase in revenues to €2.2bn. The airline increased its prediction for full-year net earnings, [...]
Ryanair profit surges by 17 per cent November 1, 2010 Ryanair has reported a 17 per cent surge in first half net profit and upgraded its full-year earnings guidance. The low cost Irish airline now expects full-year net earnings to be in a range of 380m to 400m euros (£328m to £345.3m) compared with previous guidance of 350m to 375m euros. The rosier outlook comes [...]
FTSE hit by China growth fears and eurozone crisis May 23, 2011 Commodity stocks took a hammering in early trading today as miners and energy related groups suffered from uncertainty in the global economy. The eurozone debt crisis continued to cast a shadow after Italy’s credit rating was downgraded by Standard & Poor’s from stable to negative. Chinese manufacturing data from HSBC showing a ten-month low also [...]
THE TIPSTER May 22, 2011 NO FRILLS airline Ryanair has seen its share price on the up since March, and with oil prices falling, the stock is finding further support. It is due to report figures today and the expectations are that passenger numbers have increased. Capital Spreads quotes 3.54p-3.58p. Optimism has increased about tomorrow’s first quarter Marks and Spencer [...]
September traffic rises for Ryanair October 4, 2010 BUDGET airline Ryanair carried more passengers in September compared with the same period last year. According to the Dublin-based airline led by chief executive Michael O’Leary, it carried 6.84m people last month, marking a sharp 12 per cent increase from September last year when it flew 6.12m people. However, Ryanair said that it has flown [...]
Ryanair boss threatens French exodus October 10, 2010 RYANAIR, the Dublin-based budget airline, has threatened to pull out of its Marseille base in response to accusations that the airline failed to notify officials about French employees. The threats came as part of a letter written by the airline’s boss, Michael O’Leary and obtained by Le Parisien newspaper. O’Leary wrote that Ryanair will soon [...]
CITY VIEWS: DO YOU AGREE WITH RYANAIR’S CALL FOR FEWER SECURITY CHECKS AT AIRPORTS? November 1, 2010 ASRAR HUSSAIN | FDM GROUP “The more checks, the better. I would happily stand in a queue for hours if it means I get to the other end safely. Though the checks need to be the same in every country if they are going to make a difference.” JOE KAEMPER | DAIWA CAPITAL “It’s a [...]
EU launches air passenger law overhaul April 11, 2011 THE EUROPEAN Union yesterday laid out plans to shake up airline passenger compensation laws, after carriers faced massive bills from the Icelandic ash cloud and snow storms. The EU will discuss wide-reaching changes with aviation stakeholders and present a new law in 2012, European Commission vice-president Siim Kallas said yesterday. The review of Regulation 261 [...]
Euro woes and commodity falls leave FTSE low May 23, 2011 Fears of debt default in Greece, election upset in Spain and weakness in Italy’s economy caused the FTSE to tank to a two-month low today. Commodity stocks led the fallers as the FTSE 100 index plunged more than 100 points to close down 1.9 per cent at 5,835.89. Investors abandoned risky assets after rating agency [...]
The smarter way to travel April 7, 2011 ANYONE who thinks a small trolley case is suitable hand luggage for a weekend away or a business trip is suffering a failure of imagination. The only thing in an airport less stylish than a Ryanair boarding queue is a businessman wheeling around a tiny overnight case – at least pick it up, you weed. [...]