WARSAW (Reuters) - Ryanair expects summer fares to rise 4-6% this year, CEO Michael O'Leary said at a press conference in Warsaw on Tuesday. The Irish airline experienced a 10% fall in fares over its two summer quarters last year, in part due to a dispute with online travel agents which has been largely resolved.
Ryanair could have as many as 5 million passengers per year in Ukraine within a year or two of reopening its skies, CEO Michael O'Leary said on Tuesday, as the low-cost airline prepared for a return to the war-torn country.
According to Ryanair, "As Europe’s largest airline group we’re investing $22bn in 210 new Boeing 737-8200 ‘Gamechanger’ aircraft: 4% more guests, 16% less fuel burn and 40% less noise emissions." "By 2034 we will receive a further 300 new Boeing 737- MAX 10 aircraft which not only carry 21% more guests,
Ryanair epitomizes budget airline business model, boasting some of the highest efficiency and operational metrics among its peers. Read why RYAAY stock is a Buy.
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Hosted on MSNRyanair Stock Plunges 19.7% in a Year: Should You Buy the Dip?Shares of Ryanair Holdings RYAAY have not had a good time on the bourses of late, declining in double-digits over the past year. The disappointing price performance resulted in RYAAY underperforming its industryin the said time frame.
Ryanair is cranking up the competition in Poland adding 24 new routes while calling out the government over sky-high air traffic control (ATC) fees.
The country is lagging behind several of Ryanair's other key markets, which have already exceeded pre-COVID capacity levels.
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