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Ryanair increases profits to new record high, forecasts even better results for 2014

The Canadian PressMay 20, 2013 05:00
DUBLIN - Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa. Ryanair's share price also surged to an all-time high after the Dublin-based carrier predicted it would enjoy similar, if not better, earnings in the coming year.

Dutch watchdog fines Ryanair over hidden ticket costs

March 20, 2013 10:45
AMSTERDAM (Reuters) - Irish low-budget airline Ryanair has been fined 370,000 euros(314,180.28 pounds) by the Netherlands Consumer Authority for hidden costs associated with tickets purchased online by Dutch travellers. The watchdog said that European regulations had been violated because full costs were unclear, consumers were not given the option to correct mistakes before finalising a booking and the company was difficult to contact and provided information in English, not Dutch.

URGENT ¥¥¥ Ryanair unveils order for 175 Boeing 737s worth $15.6 bn

March 19, 2013 05:46
Irish low-cost airline Ryanair on Tuesday announced that it has ordered 175 Boeing 737-800 airplanes worth $15.6 billion (12.1 billion euros) at catalogue prices. "Ryanair ... today signed an agreement with the Boeing Company to purchase 175 new Next Generation 737-800 airplanes," it said in a statement, adding it was the Boeing's largest deal to date in 2013 and would be the largest ever aircraft order from a European airline. mg-rfj/arp

Ryanair lifts Boeing with $16 billion 737 order

March 19, 2013 05:45
By Conor Humphries and Adam Kerlin DUBLIN/NEW YORK (Reuters) - Budget Irish airline Ryanair handed Boeing <BA.N> its largest European order ever on Tuesday, a deal for 175 jets worth $16 billion (10.59 billion pounds) at list prices that boosts the U.S. planemaker's fortunes and strengthens the Irish carrier's domination of Europe's low-cost market.

EU turns down Ryanair again on Aer Lingus takeover

February 27, 2013 12:15
The European Commission on Wednesday barred a third attempt by low-cost airline pioneer Ryanair to take over its Irish rival Aer Lingus, citing concerns passengers would lose out badly. Ryanair immediately said it would appeal, lambasting the decision as politically motivated and insisting its proposed remedies to competition problems were not given due weight.

EU bars Ryanair takeover of Aer Lingus

February 27, 2013 09:00
The European Commission said Wednesday it had barred a third attempt by low-cost airline pioneer Ryanair to take over its Irish rival Aer Lingus due to concerns passengers would lose out. The "merger would have harmed consumers by creating a monopoly or a dominant position on 46 routes ... this would have reduced choice and, most likely, would have led to price increases for consumers," the Commission said in a statement. It said Ryanair offered several remedies to meet these competition concerns but they "fell short" of what was needed.

Ryanair says will appeal against EU takeover decision

February 27, 2013 08:46
Irish low-cost airline Ryanair on Wednesday said it would appeal against the European Commission's decision to block its third attempt to take over rival carrier Aer Lingus, which welcomed the rejection. "Ryanair today confirmed that it will appeal the EU Commission's announced decision to prohibit its latest offer for Aer Lingus," it said in a statement that also slammed what it called a "political" decision.

UPDATE 3-EU regulators block Ryanair's third bid for Aer Lingus

February 27, 2013 08:00
* EU says deal could have led to higher prices for consumers * Ryanair to challenge European Commission ruling * Lawyer sees possible implications for Greek airline deal By Foo Yun Chee and Conor Humphries BRUSSELS/DUBLIN, Feb 27 (Reuters) - EU antitrust regulators have blocked a third attempt by Ryanair to buy Irish rival Aer Lingus, a ruling Europe's biggest low-cost airline called politically motivated and vowed to challenge in court.

Ryanair to appeal EU veto of Aer Lingus merger

February 27, 2013 07:46
* Ryanair to appeal European Commission decision * Ryanair says decision political, plans legal action * Decision likely to end seven year pursuit of Aer Lingus DUBLIN, Feb 27 (Reuters) - Budget airline Ryanair will appeal Wednesday's decision by Europe's anti-monopoly watchdog to block its third takeover bid for Aer Lingus , potentially leaving the fate of its Irish rival in limbo for years.

Ryanair says Brussels to block Aer Lingus takeover bid

February 12, 2013 13:30
Irish no-frills airline Ryanair said Tuesday that the European Commission would block its takeover bid for rival carrier Aer Lingus on grounds of unfair competition, adding it would appeal against the decision. "Ryanair...was notified this (Tuesday) morning at a state-of-play meeting with the EU Commission, that the EU Commission intends to prohibit Ryanair's offer for Aer Lingus, despite the fact that Ryanair has met every competition concern raised in the EU's statement of objections and during the review process," it said in a statement.
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