Stay updated with breaking news from Executive Michaelo Leary. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ryanair on Wednesday more than doubled its annual loss forecast and cut its January traffic estimate by 33%, blaming travel restrictions in France, Germany and Morocco following the emergence of the... | December 22, 2021
Ryanair on Wednesday more than doubled its annual loss forecast and cut its January traffic estimate by 33%, blaming travel restrictions in France, Germany and Morocco following the emergence of the Omicron variant of the coronavirus.
Ryanair on Wednesday more than doubled its annual loss forecast and cut its January traffic estimate by 33%, blaming travel restrictions in France, Germany and Morocco following the emergence of the Omicron variant of the coronavirus. But it said it was too soon to say whether similar cuts would be required to its February and March schedules and would wait for further scientific data before making any decisions.
BRUSSELS – Ryanair Holdings PLC’s chief executive Tuesday said the Irish budget airline was unlikely to place a big order for new aircraft with Boeing Co., a move that could harm its prospects for fut BRUSSELS – Ryanair Holdings PLC’s chief executive Tuesday said the Irish budget airline was unlikely to place a big order for new aircraft with Boeing Co., a move that could harm its prospects for future growth. “Sadly, the deal is now highly unlikely to happen,” Chief Executive Michael O’Leary said in an interview. Ryanair is one of Boeing’s biggest airline customers. It has b...
Tax on flights rises in UK budget despite industry pleas for cut Wed, 3rd Mar 2021 16:43 (Alliance News) - Taxes on long-haul flights are to rise in the UK despite airlines calling for them to be scrapped. Air Passenger Duty rates for departures from Britain will increase by GBP2 to GBP82 for travellers with economy tickets, and by GBP5 to GBP181 for those in premium cabins. The change, revealed in Treasury documents accompanying UK Chancellor of the Exchequer Rishi Sunak's government budget, is in line with the retail prices index measure of inflation. Short-haul rates remain frozen. The ann...