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Ryanair (RYAAY), Europe's largest low-cost airline, posted a 32% jump in earnings on higher traffic and prices. The Dublin-based carrier had profit of 330.3 million euros ($461 million) in the quarter ended Sept. 30, up from 250.5 million euros a year earlier, Bloomberg News reported. Sponsored...
Ryanair Holdings Plc (RYAAY), Europe's largest discount airline, reported a 24% decline in quarterly earnings on the impact of the Icelandic volcano that caused travel chaos in the spring. Net income for the quarter ended June 30 was 93.7 million euros ($122 million), compared with 123 million...
As airspace slowly reopens in parts of Europe and some airlines restart their service, the continent's aviation industry and the E.U. are trying to adjust to the historic economic disruptions brought on by ash from the Iceland volcano.
With air travel restrictions still crippling most of Europe, national governments and businesses are starting to bridle under the unprecedented shut-downs. Losses are now reaching more than $200 million a day. A U.K. pilots group says: "A number of airlines are now staring bankruptcy in the face."
The massive cloud of volcanic ash from Iceland is doing more than creating dangerous flying conditions and stranding thousands of passengers on several continents. It's casting a pall over the economically stressed aviation industry.
Spirit Airlines has announced that as of August 1, it will be the first domestic airline to charge for carry-on baggage. If you bring anything bigger than what can fit under the seat in front of you, you'll pay as much as $45. The airline's press release about it is, of course, total bunkum. The...
In a move that would make even Ryanair's president jealous, China Springs Airline has been working on the details required to let passengers stand, or sit on a barstool-like seat, in order to fit more people on its planes. The relatively young airline is looking at retrofitting its current planes...
Michael O'Leary, the doofus head of ultra-cheap Irish airline Ryanair, is at it again. He's trying to whip up cheap publicity by making light of his airline's dreadful penchant for microcharging its customers to death. On a TV show in Britain, he said, perhaps in jest, he was considering charging...
It's microcharging gone too far. The European airline Ryanair is tearing out the check-in desks at 146 airports where it flies. As of October, if you want to check in for a Ryanair flight, you've got to do it in advance for £5 ($7.60) per flight, and if you forget, you'll be slapped with a...

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