Saturday, June 3, 2023
No Result
View All Result
Tourism Travel Vacation
NEWSLETTER
  • Tourism
  • Sectoral
  • Culture & Art
  • Events
  • Sport
  • Health
  • Magazine
  • Fairs
  • Media
  • Shopping
  • World
  • Tourism
  • Sectoral
  • Culture & Art
  • Events
  • Sport
  • Health
  • Magazine
  • Fairs
  • Media
  • Shopping
  • World
No Result
View All Result
Tourism Travel Vacation
No Result
View All Result
English Sectoral

Ryanair wants to offer more flights

Irish airline Ryanair posted a surprisingly large profit this spring.

Yusuf by Yusuf
September 28, 2022
in Sectoral, Tourism
0
Ryanair wants to offer more flights
22
SHARES
155
VIEWS
Share on WhatsAppFacebookTwitter

The airline wants to offer 15 percent more flights in summer than before the pandemic.

Europe’s largest low-cost airline Ryanair achieved a surplus of around 188 million euros in the first quarter of this year. The company announced this today in Dublin. Analysts had expected a weaker quarter. If you exclude transactions to hedge fuel costs, the result was around 20 million euros higher than expected at 170 million euros.

A year ago, the airline had recorded a minus of 273 million euros in the same period. However, the group has not yet reached the figures of the pre-pandemic period: in the first quarter of the 2019 financial year, the airline had made a profit of 243 million euros.

Higher utilization than in the same period of the previous year

From the beginning of April this year to the end of June, 45.5 million passengers flew with Ryanair – almost five and a half times as many as in the same period last year. Machine utilization improved from 73 to 92 percent. In the course of this, sales increased sevenfold to 2.6 billion euros.

The airline expects a total of around 165 million passengers for the current financial year until the end of March 2023. According to its own estimates, Ryanair wants to offer around 15 percent more flights in summer than before the pandemic. According to Ryanair boss Michael O’Leary, there should be no flight cancellations – as already announced by other airlines. One remains confident that 100 percent of the scheduled flights can be carried out, he emphasized.

Uncertainties remain

Despite the strong quarter, Ryanair does not want to make any predictions about how the next few months could affect business. A new wave of pandemics cannot be ruled out in the fall, said O’Leary about the figures presented.

The unpredictability of fuel prices and geopolitical risks also made it impossible to forecast the airline’s profit for the full 2022/2023 financial year. According to the company, it has hedged 80 percent of its fuel costs for the remainder of the current financial year.

“Any forecast can change very quickly due to unexpected events beyond our control and we are now in a very strong, but still fragile, upswing.” Although a return to profitability at the pre-corona level is assumed, one cannot be sure whether that will happen this year or next.

In Case You Missed It

The summer holidays have already started in many federal states or are just around the corner. The best hotel in the world

The best hotel in the world is in Italy

Lufthansa and its subsidiary airlines are canceling thousands of flights during the holiday season

Lufthansa and its subsidiary airlines are canceling thousands of flights during the holiday season

Italy drops the last corona rules on entry

Italy drops the last corona rules on entry

Venice postpones admission fee test phase to January 2023

Venice postpones admission fee test phase to January 2023

Hotel chain Star Inn slips into bankruptcy

Hotel chain Star Inn slips into bankruptcy

Man is supposed to pay 2 euros for espresso in Florence and calls the police

Man is supposed to pay 2 euros for espresso in Florence and calls the police

Tags: DublinflightsIrishIrish airlineRyanair
Previous Post

The best hotel in the world is in Italy

Next Post

Tuscany, Italy: A Timeless Destination of Unmatched Beauty and Culture

Related Posts

No Content Available
Next Post
Tuscany, Italy: A Timeless Destination of Unmatched Beauty and Culture

Tuscany, Italy: A Timeless Destination of Unmatched Beauty and Culture

Please login to join discussion

RSS Italy News

  • Those Who Died at the Lake Were Secret Service Agents
  • Formula 1 race in Imola canceled
  • Dead in floods in the region around Bologna and Rimini
  • South Tyrol imposes a tourism ban
  • Rome wants exceptions for biofuels
  • Drought: The canals in Venice are drying up
  • Italians never eat spaghetti bolognese
  • Sant Ambroeus opens a new restaurant in Milano
  • Luciano Camporesi captured in Antalya
  • Ocean Viking: 230 migrants go ashore
HOT AFFILIATES
  • New hotel for populer tourism destination Koh Samui

    Koh Samui is the only island Tsunami cannot reach in Thailand

    182 shares
    Share 73 Tweet 46
  • Animation department in hotel management

    136 shares
    Share 54 Tweet 34
  • Turkey’s first nudist hotel forced to shut

    76 shares
    Share 30 Tweet 19
  • The best Full Moon Party makeup

    74 shares
    Share 30 Tweet 19
  • Leonardo da Vinci’s inventions are in Turkey

    71 shares
    Share 28 Tweet 18

RSS News

  • Putin’s alleged mother (97) died in poverty
  • Actress Margit Carstensen is dead
  • Senegal: At Least 9 Dead
  • Royal wedding in Jordan: Kate shines in a glamor look
  • Scholz and Macron are trying to de-escalate
  • Bloomberg: Mehmet Şimşek will be Minister of Treasury and Finance
  • US: Senate votes for compromise solution in debt dispute

Recent Posts

  • Tuscany, Italy: A Timeless Destination of Unmatched Beauty and Culture
  • Ryanair wants to offer more flights
  • The best hotel in the world is in Italy
  • Turkey attack from Malaysia Tourism
  • Lufthansa and its subsidiary airlines are canceling thousands of flights during the holiday season

Tourism Travel Vacation

Most widely read tourism newspaper. We are a comprehensive news portal that provides you with the latest tourism news and breaking news in all other categories in the fastest way.

Categories

We are Anadolu Ajansı subscribers.

Recent News

Tuscany, Italy: A Timeless Destination of Unmatched Beauty and Culture

Tuscany, Italy: A Timeless Destination of Unmatched Beauty and Culture

Ryanair wants to offer more flights

Ryanair wants to offer more flights

The summer holidays have already started in many federal states or are just around the corner. The best hotel in the world

The best hotel in the world is in Italy

Like on Facebook

Social Media

Newsletter

Subscribe for Free.


Get the most important tourism news in the world to your e-mail address.

Advertise

To advertise on Tourism Newspapers TurizmTatilSeyahat.com Hot Affiliates you can contact the ad team.

  • About
  • Advertise
  • Careers
  • Contact

2020 © Tourism Travel Vacation

No Result
View All Result
  • Turkish [TR]
  • Tourism Newspaper
  • Tourism
  • Sectoral
  • Culture & Art
  • Events
  • Sport
  • Health
  • Magazine
  • Fairs
  • Media
  • Shopping
  • World

2020 © Tourism Travel Vacation