Ryanair Holdings plc American Depositary Receipt (RYAAY)
Ryanair profits tumble as Boeing delays and lower fares take toll
Ryanair Holdings PLC (LSE:RYA) said lower fares and higher costs due in part to Boeing's problems slashed profits in its latest half-year. Costs rose 8% to €6.68 billion causing interim profits to drop by 18% to €2.18 billion even with revenues edging up 1% to €8.69 billion and record passenger numbers.
Ryanair Set to Cut UK Flights Amid Higher Passenger Duty
Ryanair says there's a "high chance" of cutting some UK flights after the government raised air passenger duty in the budget last week. Speaking on Bloomberg Television, Chief Financial Officer Neil Sorahan called the hike a “backwards step” and said parts of Scotland and the Midlands could be affected by the route review.
Ryanair says fare falls moderating after summer profits plunge
Budget airline Ryanair said on Monday forward bookings were strong and falls in average fares were moderating following a poor summer that saw profits and ticket prices plunge.
Ryanair to slash thousands of flights UK as O'Leary slams ‘tax grab' Budget
Ryanair Holdings PLC (LSE:RYA) is to cut flight capacity to and from UK airports by 10% next year following an increase in air passenger duty announced in this week's Budget. Chief executive Michael O'Leary on Friday slammed chancellor Rachel Reeves' Budget, dubbing last Wednesday's statement a “short-sighted tax grab”.
Wall Street Analysts See a 27.85% Upside in Ryanair (RYAAY): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 27.9% in Ryanair (RYAAY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Should Value Investors Buy Ryanair (RYAAY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ryanair threatens flight cuts if aviation tax hiked
Ryanair Holdings PLC (LSE:RYA) has signalled hundreds of internal flights could be axed if chancellor Rachel Reeves hikes aviation tax in the upcoming Autumn Budget. Cutbacks would be inevitable were air passenger duty raised, Ryanair boss Michael O'Leary said on Thursday, given the likely knock to demand from higher prices.
Ryanair Chief Says Boeing To Blame For Lower Traffic Growth
Ryanair's CEO Michael O'Leary said that in his 30 years in the airline industry he had never seen capacity constraints like those he's facing now.
Ryanair warns of lower traffic as Boeing problems hit plane deliveries
Ryanair Holdings PLC (LSE:RYA) has said it will reduce its forecasts for passenger numbers next year because of delays to deliveries from Boeing, its main plane supplier. Talking to Reuters, Michael O'Leary, the airline's chief executive, said if an expected 20 planes due this year come through in the first two months of 2025 that would be manageable.
Exclusive: Ryanair to cut traffic estimate for next year due to plane delivery delays
Ryanair will have to revise down its passenger traffic estimates for next year because of expected aircraft delivery delays from Boeing , the budget airline's group CEO Michael O'Leary told Reuters on Wednesday.
Wall Street Analysts Think Ryanair (RYAAY) Could Surge 34.13%: Read This Before Placing a Bet
The average of price targets set by Wall Street analysts indicates a potential upside of 34.1% in Ryanair (RYAAY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Ryanair: Undervalued Despite Short-Term Revenue And Margin Pressures
RYAAY's 1Q25 revenues declined 2% YoY, with gross and operating margins significantly deteriorating due to higher staff costs and airport charges. The revenue outlook remains deteriorated due to poor consumer confidence, resulting in materially lower air fares. Operating margins will continue to be under pressure due to the air traffic control situation in Europe.
