Ryanair Holdings plc today (1 Feb.) reported a Q3 loss of €306m, compared to a PY Q3 profit of €88m. Features of this 3-month period to 31 Dec. included: • Q3 traffic fell from 36m to 8m (-78%). • €3.5bn cash at quarter end (31 Dec.). • Cost reduction & liquidity management continues at all […]
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Ryanair Holdings plc today (2 Nov.) reported a H1 loss of €197m, compared to a PY H1 profit of €1.15bn. Highlights of this 6-month period include: 99% of the fleet grounded from mid-March to end June. Successful return to service implemented 1 July. H1 traffic fell from 86m to 17m. Cost reduction measures implemented across […]
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Ryanair Holdings reported a Q1 loss of €185m, compared to a PY Q1 net profit of €243m. Highlights of Q1 include: Over 99% of the fleet grounded from mid-March to end June. Q1 traffic fell from 42m to 0.5m. Group airlines operated repatriation, rescue & medical emergency flights. Cash preservation prioritised – closing cash €3.9bn […]
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