|Bid||16.405 x 168400|
|Ask||16.410 x 230000|
|Day's Range||16.385 - 16.520|
|52 Week Range||16.385 - 1,978.000|
|PE Ratio (TTM)||13.72|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ryanair has agreed to buy a majority stake in the new Austrian leisure airline founded by former motor racing champion Niki Lauda in a major push on the German and Austrian markets dominated by Lufthansa. Kate King reports.
Irish discount airline Ryanair plans to take an initial 24.9% stake, and up to 75% if antitrust authorities allow, in former race car driver Niki Lauda’s LaudaMotion airline, which is based on assets sold ...
Ryanair has little experience investing in foreign airlines, so why is it pumping €100 million into a German carrier that hasn't even taken off yet?
BERLIN/DUESSELDORF, Germany (Reuters) - Ryanair has agreed to buy a majority stake in the new Austrian leisure airline founded by former motor racing champion Niki Lauda in a major push on the German and Austrian markets dominated by Lufthansa. The Irish airline, Europe's largest low-cost carrier, has agreed to buy an initial 24.9 percent stake in Vienna-based Laudamotion, formed out of insolvent carrier Niki, formerly part of Air Berlin. Ryanair will lease Laudamotion six crewed planes to increase its fleet to 21 planes this summer and to 30 planes within three years.
BERLIN/DUESSELDORF, Germany, March 20 (Reuters) - Ryanair has agreed to buy a majority stake in the new Austrian leisure airline founded by former motor racing champion Niki Lauda in a major push on the German and Austrian markets dominated by Lufthansa. The Irish airline, Europe's largest low-cost carrier, has agreed to buy an initial 24.9 percent stake in Vienna-based Laudamotion, formed out of insolvent carrier Niki, formerly part of Air Berlin.
Ryanair Holdings Plc agreed to buy an Austrian airline from former Formula One motor-racing champion Niki Lauda, only the second acquisition in the Irish carrier’s history.
Ryanair has agreed to buy a majority stake in the airline founded by Niki Lauda — two months after the former Formula One champion scuppered an attempt by British Airways’ owner IAG to snap it up. The ...
BERLIN (AP) — Budget airline Ryanair says it is taking an initial 24.9 percent stake in an Austrian-based airline being set up by former Formula 1 driver Niki Lauda.
Shares of Ryanair (RYAAY) surged to a new all-time high on Monday amid what has otherwise been a rough day across much of the market. And with no major Ryanair-related news to speak of, now is a great time to look at some of the company's current fundamentals and latest happenings to see why investor confidence remains sky high.
Unions representing Ryanair pilots across Europe have signed a deal to cooperate in a move that could raise the prospect of coordinated action, something its management has been keen to avoid. In the agreement signed on Saturday, the unions decided to form a transnational pilot group to negotiate with Ryanair at a pan-European level, the European Cockpit Association said. Ryanair is in talks to formalise union recognition in several European countries but it has refused requests to engage with pilots on a pan-European basis.
Sir, Further to Charlie Porter’s interesting and thoughtful article on fur (“ Are you fur real? ”, Life & Arts, March 10): we bought a marvellous fur coat for my wife many years ago at a bargain price ...
German airport operator Fraport (FRAG.DE) said it expected passengers numbers at Frankfurt airport to rise by between around 4 to 6 percent this year, driven by main customer Lufthansa (LHAG.DE) and Ryanair (RYA.I). Lufthansa is currently doing more flying as a result of the demise of local rival Air Berlin, while Ryanair has started flying from Frankfurt as part of a bid to operate from more major airports and expand in Germany.
Ryanair added Turkey to its list of destinations on Thursday, continuing an expansion from its traditional European markets by dipping a toe into a large market where the tourism sector is showing signs of recovery. Europe's largest budget carrier, which this month began flying from Jordan for the first time, will operate two new routes weekly from Dublin and Bratislava to the southwestern Turkish resort of Dalaman from June. Turkey's tourism industry has suffered in recent years as travel companies and airlines switched their attention to Spain after militant attacks and a failed military coup affected demand for travel to Turkey.
Ryanair (RYA.I) will offer direct employment contracts within the next few weeks to all pilots in Germany who are currently on contracts via an agency, the budget airline said on Thursday. The Irish carrier has come under fire from unions, especially in Germany, for its practice of employing some pilots via third-party agencies, such as McGinley Aviation. "McGinley Aviation have decided to withdraw from supplying contractor pilots for Ryanair in the German market, and Ryanair has now begun the process of offering these contractors direct employment," a Ryanair spokeswoman said.
Ryanair Holdings Plc will offer direct employment to some German pilots currently working under contract, as a recruitment specialist ends its services for the discount carrier in the country.
The size of Ryanair Holdings plc (ISE:RY4C), a €18.83B large-cap, often attracts investors seeking a reliable investment in the stock market. Market participants who are conscious of risk tend toRead More...
Ryanair signed a deal on Thursday recognising Italian pilots union ANPAC, its second such agreement in a major market amid talks across Europe aimed at averting strike action. Ryanair said this week that it expects to finalise a deal with pilots in its third biggest market in Spain within the next month. "This agreement validates the decision of Ryanair's board in December to recognise unions," Chief People Officer Eddie Wilson said in a statement.
Ryanair (RYA.I) has cut the price of a course for new pilots to fly its 737 planes, the Irish budget airline's operations chief said on Wednesday, as it tries to avoid more staffing problems. Ryanair was forced to cancel thousands of flights last year as it did not have enough standby pilots to ensure the smooth running of its schedule. While Ryanair has denied there was a pilot shortage, chief operations officer Peter Bellew told reporters the move would help Ryanair grow without fresh problems.
Ryanair has cut the price of a course for new pilots to fly its 737 planes, the Irish budget airline's operations chief said on Wednesday, as it tries to avoid more staffing problems. Ryanair was forced to cancel thousands of flights last year as it did not have enough standby pilots to ensure the smooth running of its schedule. While Ryanair has denied there was a pilot shortage, chief operations officer Peter Bellew told reporters the move would help Ryanair grow without fresh problems.
Budget airline Ryanair has once again warned that time is running out to find a deal between the UK and EU that will keep commercial planes flying across the region after Brexit. The airline has repeatedly ...
The chief executive of British Airways-owner IAG (ICAG.L) is confident a deal will be done to secure Britain's flying rights after Brexit, he said on Tuesday, dismissing a recent media report and a rival airline's prediction of disruption. IAG's Willie Walsh told the Airlines For Europe conference that he expects Britain to secure deals to allow planes to keep flying and that he is relaxed about Brexit. "I am a firm believer that this will get resolved," Walsh said on a panel.
Ryanair (RYA.I) expects some disruption to flights in the coming months, notably into and out of Ireland and Portugal, as it discusses union recognition and working with pilot unions, chief executive Michael O'Leary said on Tuesday. "We're not making as much progress in other countries, most notably Ireland and in Portugal. Chief Operations Officer Peter Bellew said at a separate news conference in Berlin that Ryanair expected to achieve a collective wage agreement in Germany over the coming months.
BRUSSELS (Reuters) - Ryanair (RYA.I) is actively talking to Vienna Airport (VIEV.VI) about starting routes from the Austrian capital in the next 12 to 18 months, its chief executive said on Tuesday. Ryanair ...
Ryanair expects to be carrying between 170 and 180 million passengers a year in 2020, the company's chief executive said on Tuesday, saying growth would be driven by flights serving France and Scandinavia. "In 2020, I think we will be doing about 170, 180 million passengers a year," chief executive Michael O'Leary told a news conference in Brussels, adding that the figure for the year to the end of March 2018 would be 130 million. "One of the upsides of recognising unions is that France and Scandinavia have now opened up.