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Ryanair

ryanair aviones

Spanish economy 3rd June 2024

Consumer Affairs fines Ryanair, Vueling, easyJet and Volotea €150 million for charging cabin baggage fees

The Ministry of Consumer Affairs has fined Ryanair (RYA-IE), Vueling (a member of the IAG holding company), EasyJet (EZJ-GB) and Volotea €150 million for charging for cabin baggage and forcing them to print tickets, among other things. Consumer Affairs, which opened a sanctioning procedure last August, prohibits in its resolution charging for hand luggage on board and for seat selection when travelling with dependents, sanctions the alleged lack of transparency…

ryanair aviones

European economy 21st May 2024

Ryanair makes €1.92 billion profit, up 34% on previous year, thanks largely to 9% increase in traffic

Singular Bank | The Irish low-cost airline has released its business results. In its 2024 financial year, Ryanair posted a net profit of €1.92 billion, up 34% on the previous year, thanks largely to a 9% increase in traffic. As a result, the number of passengers exceeded 184 million, 23% more than before the pandemic. Despite higher oil prices, the airline drove cost reductions in other areas, which helped boost…

Ryanair

In Europe 4th January 2024

Several online travel agencies, including Booking, Kayak and Kiwi, stop selling Ryanair flights on their platforms

Norbolsa | Several online travel agencies, including Booking, Kayak and Kiwi, have stopped selling Ryanair flights on their platforms since early December due to regulatory and legal pressures. Ryanair believes that this move will not have a major impact on its accounts, pointing to a 1% or 2% increase in the percentage of empty seats on its flights in the months of December and January, but with no major impact…

ryanair aviones

European economy 6th November 2023

Ryanair posts adjusted net profit of €1.515bn in fiscal Q2 and announces €0.35/share dividend this year

Bankinter : The airline reports solid 1H fiscal results and announces dividend payment. Key figures versus market consensus (Bloomberg): Revenues €4,926M (+23%) vs €4,874M estimated; EPS (adjusted) €1,515M (+26%) vs €1,493M estimated; EPS (adjusted) €1.324 vs €1.337. Passengers reached €105.4M (+11%) and Occupancy Rate 95%. Prices are +24% higher than last year. Highlights: (i) Announces that it will pay a dividend this year of €400M (€0.35/share), which represents a dividend…