Investors wield knife but Ryanair survives shareholder revolt September 20, 2018 Ryanair’s under-fire chair David Bonderman survived a shareholder revolt this morning, as nearly 30 per cent of investors voted against his re-election. Senior Ryanair directors Howard Millar and Kieran McLaughlin were also subject to an investor backlash, with voting approval of 78.5 per cent and 66.8 per cent respectively. Non-executive directors Charlie McCreevy and Declan McKeon also [...]
Passenger numbers soar nearly 40 per cent at Stobart-owned London Southend Airport September 20, 2018 Passengers numbers at Stobart-owned London Southend Airport soared nearly 40 per cent in the first half of this year. Stobart, which purchased the airport in 2008, said the growth would continue next year, when budget airline Ryanair begins flying at the airport in the spring, adding on another 1m passengers. Easyjet will also bolster the number [...]
Ryanair investor Royal London to oppose re-election of airline’s chair at AGM September 19, 2018 Royal London Asset Management (RLAM) is the latest Ryanair investor to pledge to vote against the re-election of the airline's long-serving chairman David Bonderman at its AGM tomorrow. Royal London said it was concerned with Ryanair’s corporate governance and "poor stakeholder management". "We have had long-standing issues with the independence of Ryanair’s board and with the extent [...]
Ryanair reaches agreement with three Italian unions over employment contracts September 14, 2018 Budget airline Ryanair said it reached a agreement with three Italian cabin crew unions over pay and working conditions. Ryanair met the FIT CISL, ANPAC and ANPAV unions in Rome yesterday where a set of principles were agreed as part of a collective labour agreement (CLA) which will take effect from 1 October. The agreement, which is [...]
Ryanair Belgium cabin crew vow to create ‘travel chaos’ with September strike September 13, 2018 Belgium cabin crew members at Ryanair have vowed to create "travel chaos" when they strike later this month. Belgium union CNE said it would strike on 28 September amid an ongoing dispute over pay and working conditions, causing "travel chaos". Strikes have cast a cloud over Ryanair's summer, with the airline struggling to contain a number [...]
Ryanair boss Michael O’Leary says UK has received ‘no assurances’ from EU on continued flights after Brexit September 12, 2018 Ryanair's chief executive Michael O'Leary has ramped up his warnings of a no-deal Brexit, saying the UK had received "no assurances" from the EU that flights could continue after Britain leaves the bloc. He said the transport secretary, Chris Grayling, had received "no assurances" from the EU on continued flying, and that the likelihood of [...]
Ryanair’s share price jumps 10 per cent as it raises profit forecast 25 per cent after discovering being nice to customers can really pay off September 9, 2015 Ryanair's share price leaped 10 per cent on the open this morning after raising its full year profit guidance by 25 per cent, as its bid to win over customers with an improved service takes off. The budget airline said full year net profit would now come in between €1.175bn and €1.225bn, up from previous [...]
Ryanair to appeal against court ruling allowing passengers to claim delay compensation after two years August 21, 2015 Ryanair will appeal against a court ruling that would allow passengers six years to claim money back from the airline if their flight is delayed. The Manchester County Court earlier today ruled that the low-cost airline could not impose a two year limit on passengers making a claim for flight delay compensation. Read more: Ryanair [...]
EasyJet flight U28435 from London to Basel declares emergency and returns to Gatwick July 27, 2015 An EasyJet flight going from London to Basel in Switzerland declared an emergency as it took off from Gatwick. Flight U28435 released a Squawk 7700, the generic emergency code, as it departed from the south London airport just after 2.30pm. The journey spans a total distance of 425 miles, but the emergency squawk [...]
Ryanair may close second Danish airport after row with unions July 15, 2015 Low-cost airline Ryanair has said that it may close its Billund airport base, which would be the airline’s second Danish base closure in just four days, as a union in the country frustrates the Irish carrier with plans of a strike at the airport. This occurred on the same day as Ryanair officially shut down [...]
