RYAAY Stock Recent News
RYAAY LATEST HEADLINES
Investors interested in Transportation - Airline stocks are likely familiar with International Consolidated Airlines Group SA (ICAGY) and Ryanair (RYAAY). But which of these two companies is the best option for those looking for undervalued stocks?
Ryanair Group has seen better momentum in bookings since August and less need to discount prices, CEO Michael O'Leary said in an interview on Tuesday.
easyJet PLC has echoed calls from Ryanair Holdings PLC (LSE:RYA) for the chief executive of the UK's air traffic controller to resign following repeated disruptions in recent years. Chief executive John Lundgren wrote to National Air Traffic Services (Nats) this week to call for Martin Rolfe's resignation after staff shortages hit Gatwick flights most recently.
Ryanair Holdings PLC (LSE:RYA) chief executive Michael O'Leary has said the airline would be willing to place a two-drink for passengers during flights if airports followed the rule. Having previously called for such restrictions in airports on the back of a rise in antisocial behaviour on flights, O'Leary said he would be “happy to do it tomorrow”.
RYAAY's August 2024 load factor of 96% remained flat sequentially, as well as on a year-over-year basis.
Outspoken JD Wetherspoon PLC (LSE:JDW) boss Tim Martin has shot back at comments made by Michael O'Leary, the equally outspoken boss of Irish budget airline Ryanair Holdings PLC (LSE:RYA), over problematic pre-flight alcohol consumption at UK airports. O'Leary has called for a two-drink alcoholic drink limit at airports to stem what he sees as a rise in incidences of disorder on flights.
The CEO of Europe's largest budget airline, Ryanair, has called for an alcohol limit at airport bars amid claims drunken and drugged passengers are disrupting flights regularly.
The rise in operating expenses does not bode well for Ryanair (RYAAY). Elevated labor and fuel costs hurt the company's bottom line.
Ryanair (RYAAY) reports traffic growth of 10% on a year-over-year basis in the first quarter of fiscal 2025.
Ryanair Holdings' first-quarter earnings report shocked the market, leading to an abrupt decline in its stock's market value. Operational factors showed mixed results, with increased volume but decreased load factor and fare rates. Despite the above, a fundamental shift might occur in late 2024 and play into Ryanair's broader growth story.