Published: Wednesday, 25 August 2021 14:06
CEO Michael O’Leary is calling a recovery, but that may depend on how it reshuffles its bases over the coming months. Low-cost carriers need low-cost airports, after all. — Matthew Parsons
Ryanair is on track to hit upgraded guidance on passenger numbers, carrying more than 10 million people this month as a post-pandemic recovery continues with strong bookings to year-end, group CEO Michael O’Leary said.
The Irish airline last month said it expected to fly between 90 million and 100 million people in the 12 months to the end of March 2022, against a peak of 149 million before the Covid-19 pandemic.
“Ryanair is recovering strongly, much faster than other any airline in Europe … Bookings are increasing very rapidly,” O’Leary told a news conference in Lisbon on Tuesday.
Join Us at Skift Global Forum in NYC September 21-23
After flying 5 million passengers in June, representing a third of 2019 levels, numbers soared to 9.3 million in July and are expected to reach about 10.5 million in August, he added.
Ryanair shares rose 2.5 percent to 19.36 euros in early trading.
“Bookings for the remainder of this year, through September, October, November are looking very strong, but pricing is weak … We are selling a lot of cheap seats to recover the market very quickly,” O’Leary said.
The airline also said it will cease operations at Belfast’s two airports from the end of the summer schedule in October, citing the British government’s refusal to suspend or reduce air passenger duty and a lack of post-pandemic recovery incentives from both airports.
“These aircraft will be reallocated to lower-cost airports elsewhere in the UK and Europe for the winter schedule, which starts in November,” the company said in a statement.
(Reporting by Sergio Goncalves. Additional reporting Graham Fahy Writing by Andrei Khalip Editing by David Goodman)
Copyright (2021) Thomson Reuters. Click for restrictions
Register Now for Skift Global Forum September 21-23
UK Travel Restrictions May Ease for Vaccinated Arrivals
Людмила Чмуневич Просмотров: 92
United Airlines’ Tough Stance Paying Off With 90 Percent of Workers Vaccinated
Людмила Чмуневич Просмотров: 80
Free Livestream of Skift Global Forum Opening Night Event With Airbnb CEO Brian Chesky
Людмила Чмуневич Просмотров: 66
Travel + Leisure CEO: We Can Make $12.5 Billion Off Existing Timeshare Owners
Людмила Чмуневич Просмотров: 63
Terran Orbital acquires new satellite development facility
Волошина Екатерина Просмотров: 31
Space Force looking for ‘unity’ in acquisitions despite a medley of agencies
Волошина Екатерина Просмотров: 28
Space Force discussions with private sector on future space architecture to remain classified
Волошина Екатерина Просмотров: 27
Starliner test flight likely to slip to 2022
Волошина Екатерина Просмотров: 22
Having SARS-CoV-2 once confers much greater immunity than a vaccine—but no infection parties, please
Вадим Дудченко Просмотров: 633
Having SARS-CoV-2 once confers much greater immunity than a vaccine—but vaccination remains vital
Вадим Дудченко Просмотров: 574
Vaccine Passports in UK Will Be Scrapped as Part of Winter Covid Planning
Людмила Чмуневич Просмотров: 259
Russia’s Sputnik V protects against severe COVID-19 from Delta variant, study shows
Вадим Дудченко Просмотров: 243
Has no connect to show!