Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million) for "abusive practices" such as charging passengers for hand luggage.
Spain's Ministry of Consumer Rights on Friday slapped a $179 million euro ($187 million) fine on five low-budget airlines for "abusive practices" such as charging additional cabin luggage fees. Ryanair was struck with the lion's share of the penalty, receiving a 107.78-million-euro fine.
Spain's Consumer Rights Ministry has fined budget airlines Ryanair , easyJet , Vueling, Norwegian and Volotea a combined 179 million euros ($187 million) for practices such as charging for cabin luggage, it said on Friday.
Ryanair's H1 2025 results show sequential fare improvement. The pricing environment is expected to improve in H2 and is likely to inflect in 2026 thanks to Boieng delay and agreements with online travel agencies. A low valuation, a widening cost advantage (vs. peers), and a solid balance sheet make the company a clear buy.
Ryanair Holdings PLC (LSE:RYA) has received a price target upgrade to €21 (from €19.50) from the analysts at Canadian bank RBC after the airline's first-half results yesterday. Increased earnings estimates (4%) and net cash forecasts reflecting lower price cuts mean the bank now sees upside to flat all-in cost per passenger guidance and sees a 1% reduction in all-in unit costs.
Ryanair Holdings plc (NASDAQ:RYAAY ) Q2 2025 Results Conference Call November 4, 2024 5:00 AM ET Company Participants Michael O'Leary - Group Chief Executive Officer Neil Sorahan - Group Chief Financial Officer Edward Wilson - Ryanair DAC Chief Executive Officer Juliusz Komorek - Group Chief Legal and Regulatory Officer; Company Secretary Thomas Fowler - Director of Fuel and Sustainability Conf...
UK airports will have to cut airlines' fees in order to keep attracting flights as taxes increase, Ryanair Holdings PLC's chief financial officer has warned The airline signalled last week that capacity across the UK could be cut by up to 10% following news in the Budget that air passenger duty would increase from 2026. “It's the regions that will really suffer,” Neil Sorahan said on Monday, “w...
Ryanair Holdings PLC (LSE:RYA) said lower fares and higher costs due in part to Boeing's problems slashed profits in its latest half-year. Costs rose 8% to €6.68 billion causing interim profits to drop by 18% to €2.18 billion even with revenues edging up 1% to €8.69 billion and record passenger numbers.
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