RYAAY's August 2024 load factor of 96% remained flat sequentially, as well as on a year-over-year basis.
Outspoken JD Wetherspoon PLC (LSE:JDW) boss Tim Martin has shot back at comments made by Michael O'Leary, the equally outspoken boss of Irish budget airline Ryanair Holdings PLC (LSE:RYA), over problematic pre-flight alcohol consumption at UK airports. O'Leary has called for a two-drink alcoholic drink limit at airports to stem what he sees as a rise in incidences of disorder on flights.
The CEO of Europe's largest budget airline, Ryanair, has called for an alcohol limit at airport bars amid claims drunken and drugged passengers are disrupting flights regularly.
Ryanair Holdings PLC (LSE:RYA) wants restrictions introduced at airports to stop passengers getting drunk before flights. Michael O'Leary, chief executive, said people should only be able to buy two drinks at airports, adding this would help a rise in incidences of disorder on flights.
easyJet PLC gained altitude on Tuesday after low-cost peer Ryanair Holdings PLC reassured fares would not fall as much as expected this summer. Ryanair boss Michael O'Leary said in an interview earlier on Tuesday that fares would likely fall closer to 5% this summer, against anticipations last month of a 10% drop.
Ryanair Holdings PLC (LSE:RYA)chief executive Michael O'Leary has again criticised management Boeing for delays in delivering aircraft ordered by the airline. The Irish carrier, one of Boeing's largest customers, said that instead of next summer's expected 29 scheduled deliveries, it was more likely to get between 20-25.
Ryanair Group Chief Executive Michael O'Leary on Tuesday said that Boeing's new management "continue to disappoint" and that deliveries were behind schedule.
Ryanair no longer sees a risk of double-digit percentage falls in average fares this summer as weakness has "levelled out," Group CEO Michael O'Leary said in an interview on Tuesday.
Ryanair is not interested in slots due to be ceded by ITA Airways following its integration with Lufthansa , the Irish low-cost airline's CEO said in an interview published on Friday.
The rise in operating expenses does not bode well for Ryanair (RYAAY). Elevated labor and fuel costs hurt the company's bottom line.
Ryanair (RYAAY) reports traffic growth of 10% on a year-over-year basis in the first quarter of fiscal 2025.
Ryanair Holdings' first-quarter earnings report shocked the market, leading to an abrupt decline in its stock's market value. Operational factors showed mixed results, with increased volume but decreased load factor and fare rates. Despite the above, a fundamental shift might occur in late 2024 and play into Ryanair's broader growth story.