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28/07/2014
Ryanair Increases Profit Forecast
Ryanair has increased its annual profit forecast after its net income more than doubled for the three months to June.
In its latest trading update, the budget airline said its Q2 profit rose to €197m, compared to €78m the previous year.
The airline raised its profit forecast for the year to March 2015 to a range of €620m and €650m – up from the previous estimate of €580m to €620m.
Howard Millar, Chief Financial Officer, commented: "We've made a lot of service improvements over the last six or seven months and we're seeing the benefits."
Late last year, Ryanair started promoting a more 'customer-friendly' image.
(JP/CD)
In its latest trading update, the budget airline said its Q2 profit rose to €197m, compared to €78m the previous year.
The airline raised its profit forecast for the year to March 2015 to a range of €620m and €650m – up from the previous estimate of €580m to €620m.
Howard Millar, Chief Financial Officer, commented: "We've made a lot of service improvements over the last six or seven months and we're seeing the benefits."
Late last year, Ryanair started promoting a more 'customer-friendly' image.
(JP/CD)
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03 November 2014
Half-Year Profit Rises 32% For Ryanair
Ryanair has announced a 32% increase in its half-year net profit. Its profit rose to €795m, leading the budget airline to predict its full-year profit would now be between €750m and €770m. The company's previous forecast was €650m.
Half-Year Profit Rises 32% For Ryanair
Ryanair has announced a 32% increase in its half-year net profit. Its profit rose to €795m, leading the budget airline to predict its full-year profit would now be between €750m and €770m. The company's previous forecast was €650m.
01 September 2011
Aer Lingus Predict Profit - Despite €28m Loss
The Irish airline, Aer Lingus, has said that net losses narrowed in the first half of the year and that it was on course for an annual profit. It has reported operating losses of €27.8m, or £24.6m, in the first half of 2011 but had a strong second quarter, taking profits of €25.9m. The airline said passenger numbers also rose by 8.
Aer Lingus Predict Profit - Despite €28m Loss
The Irish airline, Aer Lingus, has said that net losses narrowed in the first half of the year and that it was on course for an annual profit. It has reported operating losses of €27.8m, or £24.6m, in the first half of 2011 but had a strong second quarter, taking profits of €25.9m. The airline said passenger numbers also rose by 8.
20 July 2010
Ash Cloud Cuts Ryanair Profits
Ryanair has reported the recent ash cloud from the Icelandic volcano caused a 24% fall in its profits during the first three months of its financial. The disruptions caused by the volcanic ash cloud meant its net profit for the period from March to the end of June was €93.7m, with a cost of €50m for almost 10,000 flights cancelled in April and May.
Ash Cloud Cuts Ryanair Profits
Ryanair has reported the recent ash cloud from the Icelandic volcano caused a 24% fall in its profits during the first three months of its financial. The disruptions caused by the volcanic ash cloud meant its net profit for the period from March to the end of June was €93.7m, with a cost of €50m for almost 10,000 flights cancelled in April and May.
07 October 2014
Delays At Airport After Planes Clip On Runway
Minor delays were caused at Dublin Airport this morning after two Ryanair flights clipped each other while taxing to a runway. According to witnesses one plane lost a small section of its wing when it clipped another plane. No one was injured in the incident and the airport quickly returned to normal.
Delays At Airport After Planes Clip On Runway
Minor delays were caused at Dublin Airport this morning after two Ryanair flights clipped each other while taxing to a runway. According to witnesses one plane lost a small section of its wing when it clipped another plane. No one was injured in the incident and the airport quickly returned to normal.
11 March 2009
Ryanair To Give Away Free Flights After Aer Lingus Losses
Ryanair have promised over 100,000 free flights as Aer Lingus announced pre-tax losses of almost €120million on Wednesday. Ireland's second biggest airline reported an after-tax loss of €107.8 million. The company claimed "unprecedented high fuel prices" last year resulted in a 54% increase in fuel costs.
Ryanair To Give Away Free Flights After Aer Lingus Losses
Ryanair have promised over 100,000 free flights as Aer Lingus announced pre-tax losses of almost €120million on Wednesday. Ireland's second biggest airline reported an after-tax loss of €107.8 million. The company claimed "unprecedented high fuel prices" last year resulted in a 54% increase in fuel costs.
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