Monarch Group plans to reposition itself as a budget carrier in Europe. The privately-held airliner intends to use a new fleet of Boeing 737 MAX 8s in its efforts to challenge EasyJet ( OTCQX:ESYJY ) and Ryanair (NASDAQ: RYAAY ) in the European market. Post your comment!
LONDON, July 28 (Reuters) - Ryanair boss Michael O'Leary said on Monday that the airline was not particularly interested in acquiring troubled Cypriot carrier Cyprus Airways, which he said had huge legacy issues.
* Forward bookings strong, service improvements taking hold
after seeing strong traffic trends. The carrier estimates its annual profit will rise 20% to £650M ($1.14B) as higher volume helps offset lower ticket prices. Shares of Ryanair are up 5% in London trading. Post your comment!
LONDON/PARIS, July 28 (Reuters) - European stocks traded flat on Monday, with strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser balancing concerns over the implications of new international sanctions on Russia.
PARIS, July 28 (Reuters) - European stocks rose in early trade on Monday, regaining their poise after a drop in the previous session, with Ryanair surging 5 percent after the airline boosted its annual profit outlook.
DUBLIN, July 28 (Reuters) - Ryanair boosted its annual profit guidance on Monday after booking a better-than-expected first quarter in which net income rose 152 percent from a year earlier.
BRUSSELS, July 23 (Reuters) - Irish low-cost carrier Ryanair must repay about 10 million euros ($13.47 million) in illegal state aid it received from France for operating at three small regional airports, European Union regulators said on Wednesday.
holdings--like Johnson & Johnson JNJ, Level 3 Communications, Dell, U.S. Bancorp USB, Wells Fargo, Wal-Mart, Ryanair Holdings, and Hewlett-Packard HPQ--to raise capital for the buyout. While this has had an outsized impact on several
recession recently as its Q2 GDP grew at +0.3% and the recovery remains fragile. The best in class, no-frill Irish Ryanair [RY4B.ir/thinly-traded RYAAY ] fell sharply on profit warning but that represents a buying opportunity. Pg M8, Asia