Ryanair pays out €500m as earnings leap June 1, 2010 RYANAIR is to pay out a €500m (£417m) dividend to shareholders after the budget airline saw profits for the year soar by 204 per cent. Subject to approval, the Ireland- based airline said yesterday that it would be in a position to make the €500m return to shareholders through either share buy-backs or a one-off [...]
Ryanair to pay dividend after £289m profit June 1, 2010 RYANAIR has reported pre-tax profits of €341m (£289m) for the year to March – and announced a one-off dividend to shareholders. Passenger numbers were up 14 per cent on last year while revenue jumped two per cent. investors will share a dividend pot of €500m on the strength of the results. The profit represents an [...]
Ryanair to pay dividend after £289m profit June 1, 2010 RYANAIR has reported pre-tax profits of €341m (£289m) for the year to March – and announced a one-off dividend to shareholders. Passenger numbers were up 14 per cent on last year while revenue jumped two per cent. investors will share a dividend pot of €500m on the strength of the results. The profit represents an [...]
Ryanair to appeal fine for mistreating passengers May 18, 2010 RYANAIR is to challenge a hefty fine handed down by the Italian Civil Aviation Authority (ENAC) for the alleged mistreatment of passengers during the flight ban last month. Over the weekend, ENAC fined Ryanair €3m (£2.57m) for allegedly breaching European Union code EU261, which requires airlines to reimburse reasonable receipted expenses of disrupted passengers. ENAC [...]
Ryanair set to post better profits but ash cloud drags May 31, 2010 BUDGET airline Ryanair is expected to report net profits of up to €315m (£266.2m) today when it delivers its full year results. Analysts are forecasting that the Irish-based carrier will deliver profits of more than €310m for the year ending 31 March, which will be roughly in line with the company’s expectations. Ryanair upped its [...]
ANALYST VIEWS: WHAT DO YOU THINK OF RYANAIR’S RESULTS? June 1, 2010 DOUGLAS MCNEILL | CHARLES STANLEY “The business model for the airline seems to be in good shape and Ryanair has strengthened its top line with the sale of lower fares. The fact that the airline will pay out a dividend is good news because dividend payments for airlines are as rare as leprechauns.” MATT BROWN [...]
PRICES NEED SCIENCE NOT GUESSWORK November 4, 2010 SERIAL ENTREPRENEUR AND AUTHOR PRICE is well known to be the single most powerful determinant of profit, so why continue to use guesswork more than science? What is the right price for your product and service? Do you really have an educated idea? Have you gone to the trouble of testing and checking different prices, [...]
Easyjet November 14, 2010 WHEN Carolyn McCall, easyJet’s new chief executive, delivers her first strategy update tomorrow, she will do so in fortunately auspicious circumstances. Annual profits are expected to be almost three times higher than last year at £154.5m. But McCall, a newcomer to the airline industry, won’t have long to bask in the glory: there is a [...]
CITY MOVES | WHO’S SWITCHING JOBS September 23, 2010 LCCI The London Chamber of Commerce and Industry has appointed British Airways boss Willie Walsh as its new president following an election at its annual meeting on Wednesday night. Walsh, 48, will serve for two years, until after the 2012 Olympics in London. He has been chief executive of BA since October 2005, having also [...]
Ryanair backs down over passengers’ expenses April 22, 2010 RYANAIR has backed down over a decision to limit the expenses paid to stranded passengers. The Irish airline had said that expenses refunds would be limited to the sum travellers had paid for their tickets. That would have meant the company failing to pay for food and accommodation, as required under European regulations. The carrier [...]