Saturday 23 October, 2021
The investment will restore all the company’s pre-pandemic capacity at Cork from December.
The budget carrier is aiming to hire 5,000 new workers, group chief executive Michael O’Leary said.
Michael O’Leary said today that huge demand for holidays would coincide with fewer flights next year.
The airline blamed air passenger duty and a lack of Covid recovery incentives on the decision.
Customers have been told to avoid booking flights via third party agents.
The announcement came as the company reported a loss of €273 million.
The plane changed course to head for the Belarus capital Minsk escorted by a MiG fighter jet.
The Competition and Markets Authority will investigate whether consumer laws were broken during the pandemic.
Ryanair apologised for a delay of seven hours for passengers, which it said was outside the airlines control.
The gathering was small and in line with Covid-19 regulations which limit how many can meet in public.
The 26-year-old was arrested along with his girlfriend after the plane was forced to divert to Minsk while over Belarusian airspace.
O’Leary also said it appears there were some KGB agents on board the flight.
Michael O’Leary said he’s “very optimistic” for the next few months.
The vaccination programme is ramping up but easing restrictions too early could lead to another wave of Covid-19.
Ryanair has estimated the total state aid to airlines approved by Brussels at €30 billion.
The ASAI ruled that the advertising should not run in its current format again.
The airline described the airport’s decision to renovate its runway as a “crazy plan”.
Ryanair says it will appeal the decision to the highest EU court.
Ryanair boss Michael O’Leary said last week that there is no backlog and all refunds have been issued.
A Ryanair spokesperson said the airline does not comment “on rumour or speculation”.
Over 2,000 complaints were made to the British advertising watchdog about the advert.
The Commission for Aviation Regulation says that 80% of complaints relating to airline refunds have been resolved.
The no-frills airline said it’s facing “the most challenging year in Ryanair’s 35-year history”.
The airline expects to carry under 1.25 million passengers this month.
Aer Lingus, which was a notice party to the action, must pay its own legal costs, the Judge also directed.
The aircraft will be delivered between 2021 and 2024.
The airline carried just two million passengers last month.
Given the Covid-19 uncertainty, Ryanair said it cannot provide profit guidance for the 2021 financial year at this time.
Ryanair will halt all flights from Irish regional airports between 14 November and 12 December.
Representatives from Ryanair, Aer Lingus as well as the Shannon Group and Rome Airport will also appear before the committee.
Calls for rapid airport testing have been backed by the chair of Dáil Covid Committee.
Michael O’Leary said the cuts to its bases had been “forced upon us by government mismanagement of EU air travel”.
The judge found that the government acted lawfully in providing travel advice and public health advice in respect of the pandemic.
Tánaiste Leo Varadkar previously said he was concerned by how well smaller airports could bounce back after Covid-19.
Varadkar said he is worried about Cork and Shannon airports bouncing back from Covid.
Ryanair claims the measures amount to international travel restrictions.
Michael O’Leary said the government has ‘mismanaged’ air travel.
CEO Eddie Wilson urged the Irish government to adopt the European Commission’s new system of colour coding.
