Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

By Anna Cooban, CNN London (CNN) — Ryanair said Monday that it expects airfares during the busy summer travel season to be “materially lower” than last year as the low-cost carrier reported a plunge in profits. Europe’s biggest airline by passenger numbers, comparable in size to Delta Air Lines in the United States, said its average fare fell nearly 15% in the April-to-June quarter from the same period in 2023, to €41.93 ($45.65) from €49.07 ($5…

07/22/2024 10:31:57 a.m.·Idaho Falls, United States

Read Full Article

KRDO

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

By Anna Cooban, CNN London (CNN) — Ryanair said Monday that it expects airfares during the busy summer travel season to be “materially lower” than last year as the low-cost carrier reported a plunge in profits. Europe’s biggest airline by passenger numbers, comparable in size to Delta Air Lines in the United States, said its average fare fell nearly 15% in the April-to-June quarter from the same period in 2023, to €41.93 ($45.65) from €49.07 ($5…

07/22/2024 10:31:57 a.m.·Colorado Springs, United States

Read Full Article

KVIA

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

By Anna Cooban, CNN London (CNN) — Ryanair said Monday that it expects airfares during the busy summer travel season to be “materially lower” than last year as the low-cost carrier reported a plunge in profits. Europe’s biggest airline by passenger numbers, comparable in size to Delta Air Lines in the United States, said its average fare fell nearly 15% in the April-to-June quarter from the same period in 2023, to €41.93 ($45.65) from €49.07 ($5…

07/22/2024 10:31:57 a.m.·Panama City, United States

Read Full Article

City AM

Ryanair: Michael O'Leary says summer fares will be 'materially lower' as profit falls

Ryanair has reported a sharp dip in quarterly profit despite strong demand for travel, as average flight fares decreased substantially. Profit after tax fell 46 per cent year-on-year, from €663m (£558m) to €360m (£303m), while revenue declined one per cent to €3.63bn (£3bn). Passenger numbers grew 10 per cent to 55.5m At the same time, the average cost of booking on one of its flights declined 15 per cent when compared with the prior. It means t…

07/22/2024 6:29:11 a.m.·London, United Kingdom

Read Full Article

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

0 Articles

0 Articles

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair, Europe’s biggest airline, says airfares will be ‘materially lower’ this summer

Ryanair: Michael O'Leary says summer fares will be 'materially lower' as profit falls

Ryanair: Michael O'Leary says summer fares will be 'materially lower' as profit falls

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics