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Ryanair, easyJet to see better pricing than the flags, says UBS
Average fares deteriorated for the low-cost carriers but analysts noted summer capacity released so far is “minimal” compared to the potential
Company
Ryanair Holdings PLC
LON:RYA
Ryanair operates a scheduled passenger airline serving routes between Ireland, the United Kingdom, Continental Europe and Morocco. It claims to be Europe's largest airline and is the parent company of Ryanair DAC, Ryanair UK, Buzz and Lauda airlines
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Ryanair expects €200mln loss for first quarter and significant discounting from rivals
The Irish budget airline is not happy that several EU nations have saved their flag-carrying airlines
Ryanair to resume 40% of flights from 1 July with heightened safety measures
Face masks or coverings will be mandatory at all times, while passengers will be required to fill in contact forms and go through temperature checks
Ryanair to continue minimal schedule to June as April traffic falls by over 99%
Total traffic last month plummeted 99.6% to 40,000 passengers compared to April last year
Ryanair slams €30bn state aid distorting competition as it plans 3,000 job cuts
The low-cost airline intends to challenge government support to flag carriers in EU courts as it claims it breaches fair competition rules
Ryanair boss says Virgin Atlantic owner trying to ‘fleece’ taxpayers
“Frankly if he's worried about Virgin he should write the cheque himself. It's not like he's short of money,” Michael O'Leary told Sky News
Ryanair boss blasts empty seat plans as “idiotic”
O'Leary hopes that most flights will be back between July and October.
Ryanair keeps profit guidance, though March traffic halves
The airline has been hit by measures to prevent the spread of coronavirus in Europe
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Norwegian Air facing liquidity crunch as airline sector suffers more pain from coronavirus fallout
To secure the full amount of a £225mln bailout from the Norwegian government, the troubled carrier will need to persuade its creditors to suspend loan instalments and interest payments for three months
Ryanair to ground fleet, easyJet launches sale as government plans support
Meanwhile, rival EasyJet on Wednesday put its entire autumn and winter flights on sale for a flat fare of £30
Airlines suspend Italian flights as country put on coronavirus lockdown
On Sunday night the Italian government restricted travel across the region of Lombardy and 14 provinces in four other regions, effectively quarantining 16mln people
Coronavirus: Ryanair CEO slams “hysteria” and “irrational panic”
The airline boss, an accountant by trade with no known medical qualifications or public health expertise, said he expected the virus outbreak “will be reasonably short-lived”
Ryanair to cancel quarter of Italian flights as coronavirus outbreak dents bookings
The Irish carrier said around 25% of flights to Italy between 17 March and 8 April will be cancelled in response to what it said was a “significant drop in bookings” and a large number of passenger no-shows
Coronavirus: easyJet leads the airline retreat after Italy goes into lock-down mode
The fear stalking the likes of Ryanair, off 11%, Wizz Air, down 9%, and easyJet is that the industry could be paralysed if infection rates across the continent pick up
Ryanair, Wizz Air boost January bookings as Europe not hit by coronavirus risk
Their respective passenger numbers rose by 5% and 23% as intra-European flights do business as usual or more
Ryanair expansion plans pushed back by Boeing MAX grounding
Profit swung to €88mln compared to a €66mln loss last year but the Boeing 737 MAX delays hit growth targets
Ryanair Holdings won’t maintain ‘goldilocks’ flight prices, analyst warns against complacency
European short-haul capacity will inflect as Boeing 737 Max aircraft return, according to Berenberg, which now rates Ryanair as 'hold'.
City broker lifts Ryanair on surprise guidance upgrade, Thomas Cook's demise boosts airfares
Ryanair is driven higher by stronger than expected Christmas bookings, better averages prices and a sector-wide demand-vs-supply boost in the wake of Thomas Cook's collapse.
Ryanair Holdings shares rise as it upgrades profit guidance thanks to strong Christmas bookings
Ryanair shares rose by €1.36 or 8.73% to trade at €16.56.
Ryanair reveals jump in December traffic as 9% more passengers fly with the budget airline
The improved traffic stats comes as the airline industry continues to be impacted by the grounding of Boeing 737 Max aircraft.
HSBC turns positive on Ryanair and IAG as UK election result provides “more clarity”
The bank said that more clarity on the UK's political situation was likely to lift business confidence and revenues for the carriers in the near-term
Ryanair cuts summer schedule, airport bases after new Boeing delays
The budget airline downgraded its traffic expectations to 156mln passengers for the year to 31 March 2021 from 157mln previously
Ryanair told “time for a pause” by Deutsche Bank as it moves to ‘hold’ from ‘buy’
The bank said that following a 60% rise in the shares since August, when the Irish carrier’s stock hit a four-year low, the firm was now trading in line with their target price, which was raised to €13.50 from €12.50
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Wizz Air traffic growth flies higher than Ryanair
Ryanair said that traffic for the past month had risen 5% to 13.8mln passengers
Ryanair beats profit forecasts but rising costs weigh
Profit of €1.15bn was the same as the year before, as revenues rose 11% but the fuel bill increased by 22%
Ryanair boss spares no one in slam on Thomas Cook’s business model, aviation authority and carbon emissions
Michael O'Leary said Thomas Cook’s business model was outdated as the package market is “screwed”
Ryanair shareholders leery of backing executive incentives
Some of the ostensibly independent directors on the Ryanair board have been reappointed with less than wholehearted support from the shareholders
Ryanair seeks injunction to stop UK pilot strike
The walkout is due to begin at midnight on Thursday until the end of Friday, with another two days of action planned from 2-4 September
Investments and investor services
Ryanair profits hit by tough competition and Brexit uncertainty
Ryanair reaffirmed its full-year profit forecast but expects fares to meet the lower end of its guidance range
Stobart's Southend Airport to become 'next big airport for London', says boss
“The jewel in the crown for our business is Southend and essentially I think it’s a trophy asset for London,” Stobart boss Warwick Brady said.
Ryanair cuts 2020 summer guidance as Boeing MAX drama delays aircraft deliveries
The budget airline is now expecting to grow 3% in the summer of 2020, down from previous predictions of 7% as a result of a smaller fleet of planes
Ryanair, easyJet and IAG descend on Lufthansa warning
The German carrier said that market-wide overcapacities and the aggressive growth of low-cost competitors were putting pressure on the European short-haul market
easyJet’s FTSE 100 relegation could be more of a dip than a descent
The budget airline is accompanied by generic drug maker Hikma on the list of firms facing the blue-chip trap door
Brokers clip Ryanair's wings after flat profit forecast for 2020
UBS and Liberum cut their respective targets for the Irish carrier, which last week reported a 29% drop in full-year profits as a result of high fuel prices, softer demand, lower fares
Ryanair downgraded by HSBC after airline posts lowest profit in four years
HSBC cut its rating on the airline to ‘reduce’ from ‘hold’ and lowered its target price to €9.4 from €12
Ryanair nosedives as it predicts flat profits for 2020
The budget airline reported that its profit after tax for the year ended 31 March had fallen 29% to €1.02bn, with lower average fares and higher fuel bills cutting into its earnings
Investments and investor services
FTSE 100 closes in the red as trade tensions and Brexit confusion rumble on
The UK index of leading shares closed down nearly 38 points at 7,310
Ryanair and Wizz Air report double-digit traffic growth for April
Ryanair reported 13.5mln passengers across its group during the month, up 10% year-on year, while Wizz Air reported that its passenger numbers had risen 19% to 2.7mln
Boeing scraps guidance for 2019 as 737 MAX crisis sends costs soaring
The aircraft maker reported a 21% drop in earnings for the first quarter, while the grounding of its bestselling aircraft and a stoppage of deliveries racked up US$1bn in extra costs
Thomas Cook: From Loughborough railways to potential unravelling
Despite expanding from humble beginnings in 1841, the travel operator is now beset on all sides by encroaching rivals while also trying to keep up with changes in consumer behaviour
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Wizz Air soars on upbeat trading update as both it and Ryanair report traffic growth in March
For the financial year ended 31 March 2019, Wizz said it expected net profits to be in the “upper half” of its guidance range of between €270mln-€300mln
Airline stocks see red after cautious outlook from easyJet fuels Brexit concerns
“EasyJet’s warning about softer ticket prices has sent shockwaves across the airline industry ...” said AJ Bell's Russ Mould
TUI shares nosedive as it warns 2019 earnings could fall by over a quarter due to grounding of Boeing 737 MAX aircraft
The travel firm said assuming the MAX planes were cleared to resume flights by mid-July at the latest, underlying EBITA for the current year would be around 17% lower than in 2018, however, if the planes were grounded for longer the figure
Ryanair fleet renewal programme in doubt as Garuda Indonesia becomes first airline to cancel orders for Boeing Co 737 Max 8
The Irish airline currently has 110 orders for the MAX 200, a high-capacity version of the MAX 8, with options on 100 more
easyJet says it “stands ready” to suspend non-EU shareholders amid ‘no deal’ Brexit jitters
The FTSE 100 budget carrier said it had now upped its EU ownership to 49.92%, just shy of the 50% threshold that it would need to keep operating inside the EU post-Brexit
Boeing bows to pressure and grounds all 737 MAX’s after US bars aircraft
The aircraft maker said it had decided to ground the 371 MAX planes due to “an abundance of caution” and to reassure the public of the safety of its aircraft
US gives Boeing some respite as it refuses to suspend 737 MAX 8 flights
None of the data received from other aviation authorities would warrant it taking such action, the FAA said
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Could other firms potentially bar British shareholders over a hard Brexit?
In February, IAG said it would put a cap on its number on non-EU investors, a move that was replicated on Tuesday by Ryanair, although the Irish carrier went further saying that in the event of a no-deal Brexit it would class UK-held shares
TUI confirms UK decision to ground all Boeing 737 MAX 8 aircraft following crashes
The travel firm said in a statement that any customers due to fly home as well as those scheduled to depart using the MAX 8, would be flown using different models
Ryanair among airlines heavily exposed to potential MAX 8 grounding
The budget carrier currently has around 110 orders for the MAX 200, a high-capacity version of the MAX 8, with options on 100 more to help grow its fleet
Ryanair and Wizz Air both report passenger growth of around 13% in February
For Ryanair, total passenger numbers in the month rose 13% year-on-year to 9.6mln with a load factor of 96%
Ryanair upgraded by SocGen which expects news flow and earnings momentum to improve
SocGen upgraded the Dublin-based carrier to ‘buy’ from ‘hold’ with an increased target price of €14, pointing to settled wage negotiation issues and discounts to its long-term average multiples
Ryanair slumps to quarterly loss after cutting fares in competitive short-haul market
"While a €20mln loss in Q3 was disappointing, we take comfort that this was entirely due to weaker than expected air fares so our customers are enjoying record low prices, which is good for current and future traffic growth,” said chief exe
Investments and investor services
FTSE 100 closes a shade higher as Wall Street chugs upward
The UK's premier share index added nearly 14 points to close at 7,034
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Bank of England's 'Super Thursday' and slew of corporate earnings eyed as Chinese New Year begins
The week ahead includes updates from Thomas Cook, Superdry, Ryanair and Tate & Lyle, among others.
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British Airways parent IAG, Ryanair and easyJet downgraded by Morgan Stanley
Morgan Stanely said IAG is its least preferred airline stock, citing growing concerns on topline momentum, cost headwinds and allocation of capital
Ryanair upgraded to ‘buy’ by HSBC, says major concerns now priced into stock
The bank said it was making the judgment that investor sentiment towards Ryanair was now “close to finding a trough” and that the industry environment was set to improve
easyJet knocked by JPMorgan downgrade, as sector roiled by another Ryanair profit warning
The US bank’s analysts cut their rating for easyJet to ‘neutral’ from ‘overweight’ and reduced their target price for the FTSE 100-listed firm to 1,450p from 1,800p
Ryanair descends after profit warning as lower winter fares offset rise in traffic
The budget airline lowered its guidance for the 2019 fiscal year to between €1bn-€1.1bn from a previous range of €1.1bn-€1.2bn
easyJet, British Airways and Ryanair face demand uncertainty in 2019 as Brexit looms, says Barclays
Barclays said 2019 looks to be the “height of aviation demand uncertainty in recent years” as the UK prepares to leave the European Union in March
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British Airways owner IAG, Ryanair and easyJet shares descend as Deutsche Bank points to risks facing airlines
Deutsche Bank said risks facing airlines include a slowing macroeconomic backdrop, weakening consumer confidence, trade wars, Brexit and oil price volatility
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British Airways-owner IAG saw rise in December passenger numbers, although load factor slipped
The FTSE 100-listed flag carrier said it flew passenger 8.3mln passengers last month, up from 7.7mln in December 2017, an 8.1% year-on-year increase
Ryanair’s wings clipped by Berenberg downgrade to ‘sell’, sees ‘value trap’ for low-cost airlines
The German broker also reduced its target price for the dual Dublin and London-listed airline to €9.75, down from €12.60 previously, with the stock trading at €10.57, down 0.9% on Monday’s close
Ryanair and Wizz Air report double-digit passenger growth in December
Ryanair reported passenger numbers of 10.3mln for December, up 12% year-on-year while its load factor was at 95%
Ryanair faces enforcement action over compensation claim refusals
Ryanair says the delays were the result of extraordinary circumstances, so it does not have to pay
Wizz Air and Ryanair report traffic growth in November as latter inks agreement with German pilot’s union
Wizz Air reported that passenger numbers had risen to 2.4mln during the month, an 11.2% increase year-on-year, while Ryanair's traffic grew 11% YOY to 10.4mln
Sirius Aviation Fund postpones IPO until early in 2019, says some significant investors unable to meet timetable
The company said it had received a positive response to its IPO, despite the current market volatility, with significant commitments received from high-quality institutions
Liberum ups target for easyJet on long-term fundamentals but cautions on short-term uncertainty
In a note to clients, the broker said unit revenues were under pressure in the winter against “tough comparatives flattered by Easter timing and the demise of Air Berlin and Monarch”
Flybe shares soar as reports say IAG competing with Virgin Atlantic to take control of the airline
The Sunday Telegraph said FTSE 100-listed IAG – owner of British Airways, Iberia and Aer Lingus - is tipped as the favourite to take over the low-cost airline, which put itself up for sale earlier this month
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FTSE 100 closes firmly lower, joining global indices, as traders shun risk
If you are long blue-chip equities, the trend has not been your friend today
Sirius Aircraft Leasing pushes back IPO to early December
Sirius will primarily target opportunities in mid-life - eight to 12 years old - short haul aircraft which it believes can deliver strong returns
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Schadenfreude to boost full-year results from budget airline easyJet after recent misfortunes of rivals
The Day Ahead also includes updates from blue-chip contract caterer Compass Group, and second line players such as challenger bank CYBG and online electrical appliances retailer AO World
Ryanair reports double-digit passenger growth in October but urgent upgrade to force site closure
The group said total traffic grew 11% to 13.1mln compared to a year ago with a 96% load factor
FTSE 100 closes marginally higher as European indices lag; US mid-terms in focus
FTSE 100 closed marginally higher but mid-cap cousin FTSE 250 plunged nearly ten points.
Ryanair investors call for chairman to go, CEO succession plan - media reports
Ryanair has had a tough year and last week reported a slump in first-half earnings after being hit by higher fuel costs and the impact of cabin crew strikes across Europe, which dented bookings
European airline stocks ready to take off again with IAG leading the way - Deutsche Bank
European airline stocks have fallen by around a fifth since the first half results season - and now look oversold, according to Deutsche Bank analysts
Ryanair profit slumps as strikes and fuel price hit
The carrier reiterated its full-year profit forecast of between €1.1bn - €1.2bn and said European short-haul airfares would likely remain soft this winter
FTSE 100 finishes lower as trade worries rear their head again
The UK's premier index of leading shares closed down seven points, or 0.10% at 7,042
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Third-quarter updates from Barclays, Lloyds Banking Group, and RBS all due in coming week
Aside from the banking trio, updates are also due in the week ahead from the likes of WPP, Whitbread, International Airlines Group, Ryanair, Glencore and Antofagasta
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Norwegian Air becomes more enticing takeover target for British Airways owner IAG
British Airways parent IAG has said it remains interested in buying Norwegian but will sell its shares if no deal can be agreed
Easyjet carries an extra 1mln passengers in September but load factor slips
A fall in load factor will be a disappointment for some, given that, in an era of low ticket prices, airlines need to get as many bums on seats as possible
Ryanair says it is working to reach deals with unions by Christmas
“We want to have agreements in place with crew and pilots by Christmas,” said Kenny Jacobs, the airline's chief marketing officer
Ryanair and Wizz Air report double digit passenger growth in September
The two budget airlines reported passenger growth year-on-year of 11% and 17.5% respectively
Avocet warns it could be wound up if talks with major lender don’t go well
Some of the main risers and fallers in London on Monday…
Ryanair slashes profit guidance on strike impact and higher oil prices
The budget carrier said it could not rule out further disruptions in the third quarter, which may require full year guidance to be lowered further
Ryanair forced to cancel another 250 flights as staff walk out again
Around 35,000 passengers are thought to be affected by the strikes, with workers demonstrating against a series of what they consider to be unfair conditions
Ryanair calls for EU probe into rival airline crew, unions and lobbyists over strikes
Ryanair has accused competitor airline crew of conspiring to call repeated and unnecessary strikes
Ryanair's new hand luggage charges challenged by Italy's competition watchdog
Italian competition authority Antitrust said hand luggage is an "essential” item for travellers and should be included in the plane ticket price
Ryanair chairman re-elected at AGM by narrower margin amid concerns about strikes
Aberdeen Standard Investments said it plans to vote against the re-election of the chairman at the next AGM unless he is replaced
Investments and investor services
Diageo expected to be the toast of Thursday’s market news
Diageo and Lamprell are expected to be among the names under focus in Thursday's schedule.
Investments and investor services
EasyJet and Ryanair out of favour as Berenberg prefers long haul
BA-owner IAG is tipped to rise, whereas the outlook was seen to be less rosy for EasyJet and Ryanair.
easyJet and IAG report passenger and load factor growth in August
easyjet reported that passenger numbers for the month were up 5.6% at around 8.7mln compared to August 2017, while its load factor inched up 0.1 percentage points to 96.4%
FTSE 100 closes in red and at four month-low amid trade worries
The pound added 0.03% against the Euro and was up 0.40% against the US dollar..
Both Ryanair and Wizz Air report growth in passenger numbers in August
Both airlines reported that passenger numbers had risen compared to August 2017, although Ryanair retained a higher load factor of 97% compared to Wizz's 95.6%
Archive
Ryanair, EasyJet and IAG tipped to fly by Citi
Citi's new airlines analyst sees a "mixed and, in a few areas, challenged outlook" for the sector
Investments and investor services
Ryanair shares boosted as US value fund takes stake
Picking up shares, US-based Harris Associates now has a 3.07% stake in the European budget airline
Ryanair tightens rules on cabin baggage in bid to reduce delays
The budget airline said that passengers would still be allowed to take one “small personal bag” into the cabin for free, as long as it will fit under the seat
Ryanair shares jump as it reaches agreement with Irish pilots’ union
Forsa, the pilot’s union, said the agreement would go to ballot with a recommendation of acceptance after a gruelling 22-hour negotiation session ended early on Thursday morning
Amphion Innovations gets a boost from Polarean's progress
Some of the main news-driven risers and fallers in London on Thursday...
Ryanair apologises after unsigned compensation cheques bounce
“These cheques were re-issued last week and we apologise sincerely for this inconvenience,” a Ryanair spokesman said