RYAAY - Ryanair Holdings plc
| Previous Close | 91.61 |
| Open | 91.51 |
| Bid | 88.70 x 800 |
| Ask | 100.00 x 1100 |
| Day's Range | 91.14 - 92.44 |
| 52 Week Range | 55.75 - 96.79 |
| Volume | 286,733 |
| Avg. Volume | 381,536 |
| Market Cap | 18.719B |
| Beta (5Y Monthly) | 0.64 |
| PE Ratio (TTM) | 14.19 |
| EPS (TTM) | 6.47 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Oct 27, 2015 |
| 1y Target Est | 98.01 |
Reuters VideosRyanair says MAX woes may delay growth by two years
Ryanair is one of the biggest customers for the Boeing 737 MAX jet. So it's little surprise that the plane's grounding is impacting Europe's largest low cost airline. Now the firm says it may have to push back its long-term target of flying 200 million passengers per year by as much as two years, while it waits for new deliveries of the model. It's got 210 jets on order and hopes to have its first 55 of those flying by summer 2021 - a year later than planned. But Chief Executive Michael O'Leary suggested on Monday (February 3) that Boeing's delivery schedule could ultimately run two years late. The 737 MAX, Boeing's fastest-selling aircraft, was grounded in March after 346 people died in two crashes attributed to the plane's anti-stall software. Boeing now says it does not expect the MAX to return to service until mid-2020. Ryanair said the MAX delays had forced it to close a number of loss-making winter bases, leading to some crew redundancies in Spain, Germany and Sweden. The airline reported profit after tax of $97.6million for the three months to the end of December, with average fares up 9%. The update came weeks after Ryanair raised its profit forecast to between 1 and 1.17 billion dollars for its financial year to the end of March - thanks to a better than expected Christmas and New Year.
- Zacks
Copa Holdings' Traffic Falls, Load Factor Rises in January
Capacity contraction outweighs traffic plunge at Copa Holdings (CPA) in January. Consequently, load factor increases
- Reuters
Exclusive: Ryanair marketing chief Kenny Jacobs to leave company
Ryanair Chief Marketing Officer Kenny Jacobs, who spearheaded the airline's drive to improve customer service, is to leave his position after six years at the end of April to pursue other challenges, he told Reuters on Monday. Jacobs, who joined Ryanair at the start of 2014, was the architect of the airline's 'Always Getting Better' drive to improve customer service and was charged with overhauling the company's web site to adapt to individual customer preferences. "I will enjoy a summer off with family and then look for my next challenge," Jacobs said.
- Zacks
Azul's (AZUL) Traffic & Load Factor Increase in January
With traffic growth exceeding capacity expansion, Azul's (AZUL) load factor rises in January.
- Zacks
Airline Stock Roundup: HA, ALK Top Earnings, DAL, UAL & AAL Suspend China Flights
Low fuel costs aid fourth-quarter 2019 earnings of Alaska Air Group (ALK) and Hawaiian Holdings (HA).
- Bloomberg
Ryanair Is a Polluting Airline. There's No Hiding That Fact
(Bloomberg Opinion) -- Ryanair Holdings Plc has been given a telling off by the U.K.’s advertising watchdog for making “misleading” claims about its carbon emissions. Ads claiming Ryanair is Europe’s “lowest emissions airline” must be withdrawn because the Irish carrier did not fully substantiate this and other environmental boasts, the Advertising Standards Authority found.As the climate crisis intensifies, Ryanair probably won’t be the last big company given a dressing down by regulators for “greenwashing.” Environmental considerations are increasingly directing consumer purchases and institutional investment decisions. This creates a big incentive for companies to put a positive spin on things. The huge variety and inherent complexity of some climate-related disclosures tempt businesses to focus on the flattering ones and ignore the rest. In fairness to Ryanair, its claims are based on facts. But it’s an airline, and airlines are heavy polluters, however much they tie a bow on it.The company and its outspoken boss, Michael O’Leary, certainly have form when it comes to making specious claims about the business. On past occasions the company has claimed to be “Europe’s favorite airline.” That may have been true in terms of passengers carried — it’s neck and neck with Deutsche Lufthansa AG — but Ryanair ranks last in Which Magazine’s yearly U.K. passenger satisfaction survey. O’Leary’s capacity for chutzpah is high.In some respects, the ASA’s new ruling is a bit harsh on Ryanair. Its operations are pretty efficient in terms of carbon per passenger kilometer traveled, as I’ve written before.Ryanair flights tend to be full, it doesn’t waste space on business class and its planes fly point-to-point, rather than via hubs, which saves fuel. If consumers are going to buy a product or service anyway, it’s better that they favor a company with a lower per-unit carbon footprint. Ryanair’s new practice of publishing a monthly CO2 report is commendable too. ASA’s main beef was that it hadn’t provided sufficient data to back up its claims and some information was out of date.Still, no one should shed tears on Ryanair’s behalf; its environmental messaging is still way off key. In public statements, O’Leary has repeatedly disparaged climate science. Furthermore, Ryanair’s business model of selling cheap tickets has helped transform flying from an uncommon luxury into a mass-market phenomenon, thereby worsening the industry’s emissions.In absolute terms, Ryanair’s carbon emissions aren’t the biggest among European airlines. But they’ve kept rising because Ryanair is carrying more passengers every year.It’s fine for companies to brag about and set targets for carbon efficiency, as Ryanair does. This a necessary counter-balance to reporting only on absolute emissions, which might show improvement just because a company’s sales have declined. If their total emissions keep rising, however, corporate claims to be the “greenest” anything will ring hollow.To contact the author of this story: Chris Bryant at cbryant32@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters
Budget carrier Ryanair ordered to drop low-emissions ad claims
LONDON/PARIS (Reuters) - Ryanair Holdings Plc publicity describing the budget carrier as a "low-CO2 emissions airline" has been deemed misleading by Britain's main advertising watchdog, which ordered its withdrawal on Wednesday. Ryanair print and broadcast adverts last September made environmental claims that were misleading and poorly substantiated and "must not appear again in their current forms", the Advertising Standards Authority ruled. Under CEO Michael O'Leary, the low-cost airline has tangled repeatedly with advertising authorities - often over discount terms and conditions - and on Wednesday struck an unabashed tone.
- American City Business Journals
Ryanair CEO offers to buy Boeing's newest, biggest Max 10
The CEO of the ultra-low-cost airline revealed the surprise move during a conference call after the carrier disclosed its latest earnings results.
- Investor's Business Daily
Europe's Biggest Boeing 737 Max Customer Just Made A New Offer
Ryanair put an offer in for more Boeing 737 Max jets but won't make the order official until the global grounding of the troubled jet is lifted.
- MarketWatch
Coronavirus update: 361 have died, there are now 11 cases in the U.S. and the case count has doubled SARS
U.S. health officials expanded the number of airports that U.S. citizens returning from China’s Hubei Province will be funneled through as part of the government’s efforts to stem the spread of the coronavirus.
- Barrons.com
Ryanair Stock Is Up, Despite Boeing 737 MAX Problems Delaying Growth Plans
Ryanair stock took flight on Monday despite the low-cost airline warning ongoing Boeing 737 Max problems would delay its growth plans by up to two years.
- Bloomberg
Ryanair Says Coronavirus Could Keep Europeans Closer to Home
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Ryanair Holdings Plc said demand for air travel within Europe could receive an unlikely boost if the Chinese coronavirus epidemic persists, prompting people to holiday closer to home.Trends from 2003, when travelers shunned Asia after the Severe Acute Respiratory Syndrome outbreak, suggest consumers may begin to alter their travel habits, Ryanair Chief Financial Officer Neil Sorahan said in an interview.“People tended to stay close to home,” Sorahan told Bloomberg Television on Monday. “They holidayed in Europe as opposed to heading as far afield as Asia and elsewhere.”The coronavirus that spread from Wuhan in recent weeks has killed more than 360 people and infected 17,000. Dozens of nations and airlines are restricting travel, with almost 10,000 flights canceled through Jan. 31, according to data provider Cirium, even though the World Health Organization has so far said that such limits aren’t needed to control the advance.SARS affected 26 countries, resulting in close to 800 deaths from about 8,000 cases, according to the WHO. Fitch Group said in a note that a prolonged outbreak of the coronavirus would weigh on the tourist economy in Thailand, affecting not only Chinese demand but travel from elsewhere. As of Monday the Southeast Asian country had 19 confirmed cases, Fitch said.For Ryanair, a surge in European travel would bolster margins as it grapples with the grounding of Boeing Co.’s 737 Max jet. The discount giant reaffirmed that deliveries from a 200-strong order won’t commence until September or October, so that fuel-efficiency savings won’t be realized until late in the fiscal year starting in April.Chief Executive Officer Michael O’Leary said he expects Boeing to compensate Ryanair for lost revenue from the Max both this fiscal year and next, and that the focus will be on revising the order price. The carrier has specified a high-capacity variant that will take longer to certify than the baseline model.Ryanair has also issued proposals for the purchase of bigger Max 10 jets seating up to 230 people, O’Leary said, while adding that it may be too early for Boeing to give the matter serious consideration. He said the planemaker needs to target orders from major clients such as his own company and Southwest Airlines Co. to rein in Airbus SE’s lead in the narrow-body sector.Ryanair posted net income of 88 million euros ($98 million) for the third quarter through December from a year-ago loss, aided by last-minute sales over the Christmas holidays. Bookings are 1% up on last year, with planes 96% full, so an increase in regional travel would push up fares.Shares of Europe’s biggest low-cost carrier were trading 5.2% higher at 15.68 euros as of 1:11 p.m. in Dublin, where it is based.(Updates with CEO comments starting in seventh paragraph)To contact the reporters on this story: Siddharth Philip in London at sphilip3@bloomberg.net;Manus Cranny in London at mcranny@bloomberg.net;Nejra Cehic in London at ncehic@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Christopher Jasper, John BowkerFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
The Zacks Analyst Blog Highlights: CRH, Grafton Group, Johnson Controls International and Ryanair
The Zacks Analyst Blog Highlights: CRH, Grafton Group, Johnson Controls International and Ryanair
- Reuters
Ryanair makes Boeing offer for new MAX order
Ryanair has submitted an offer to Boeing for a new order of its grounded 737 MAX jet but does not expect to finalise it until the plane returns to service, Chief Executive Michael O'Leary said on Monday. Ryanair made the offer for an undisclosed number of 737 MAX 10 jets, a larger model than the MAX 200 model the Irish airline currently has on order, O'Leary said on a conference call following the release of financial results for the last three months of 2019. Ryanair is one of the biggest customers of the MAX, with 210 currently on order.
- MarketWatch
Stocks in Europe wobble as China acts to limit virus fallout
Stocks in Europe wobbled on Monday, as markets reacted to actions taken in China to soothe its economy, which is under pressure from the spreading coronavirus.
- MarketWatch
Ryanair extends buyback plan as it swings to profit in third quarter
Ryanair Holdings PLC (TICKER:IE:RY4C) (TICKER:RYAAY) said Monday that it was extending its buyback program to the end of July as it reported a swing to net profit for the third quarter of fiscal 2020.
- Financial Times
Ryanair faces more disruption over latest Boeing Max delays
jets it had ordered, saying it will not receive any of them in time for the peak summer season and is pushing back its customer growth targets by up to two years. and Boeing is still struggling to win approval for its return to use. The Max is seen as a game-changer for airlines because it carries 4 per cent more passengers and uses 16 per cent less fuel.
- Reuters
Ryanair talks tough on compensation as 737 MAX woes cloud growth target
The "significant reputational hit" suffered by Boeing's grounded 737 MAX airliner will have to be reflected in the compensation the planemaker pays Ryanair, the CEO of Europe's biggest budget airline said on Monday. Michael O'Leary said as part of those talks he had made an offer for the larger, 230-seat MAX 10 model, but he did not expect Boeing to engage on that until the MAX returns to service. Ryanair is a top buyer with 210 on order but the grounding has forced it to effectively freeze growth this summer.
- Financial Times
Ryanair: seat feat
Ryanair is the latest business to illustrate the truth of that sardonic maxim. Thomas Cook has collapsed and rival airlines such as Norwegian have been cutting routes. In Ryanair’s case, that meant lifting the load factor 1 percentage point to 96 per cent in the third quarter, and raising revenues per passenger by 13 per cent.
- Zacks
4 Top Stocks to Buy as Irish Economy Gathers Steam
Broadly encouraging business conditions and improving Irish wages have also been pivotal in shaping up this economy.
- Zacks
What Makes Ryanair (RYAAY) a Strong Momentum Stock: Buy Now?
Does Ryanair (RYAAY) have what it takes to be a top stock pick for momentum investors? Let's find out.
