ryanair holdings plc-sp adr (RYAAY) Key Developments
Ryanair Holdings plc Announces Traffic Results for the Month and Year to Date Ended May 2013
Jun 5 13
Ryanair Holdings plc announced traffic results for the month and year to date ended May 2013. For the month, the company reported passengers of 7.86 million compared with 7.51 million for the same period a year ago. Load factor was 82% compared with 81% for the same period a year ago.
For the year to date, the company reported passengers of 79.8 million and load factor of 82%.
Ryanair Acquires 175 Passenger Planes from Boeing
May 28 13
Ryanair acquired 175 passenger planes from Boeing and claimed it had haggled for discounts so it paid 2005 prices.
Ryanair Holdings plc, Special/Extraordinary Shareholders Meeting, Jun 18, 2013
May 28 13
Ryanair Holdings plc, Special/Extraordinary Shareholders Meeting, Jun 18, 2013., at 09:00 GMT Standard Time. Location: The Radisson Blu Hotel, Dublin Airport. Agenda: To consider and approve purchase up to 175 Boeing 737-800 Aircraft.
Ryanair Might Be Forced To Sell Stake In Aer Lingus
May 27 13
The British regulators are set to order Ryanair Holdings plc (ISE:RY4B) to sell half of its stake in Aer Lingus Group plc (ISE:EIL1). The UK Competition Commission is expected to decide this week if Ryanair's 29.8% stake in Aer Lingus distorts the market for flights between Ireland and Britain. If the commission does order Ryanair to sell stake, this would end the hopes of Ryanair acquiring Aer Lingus. Ryanair boss Michael O'Leary said that he expected the commission to come up with "some scatty idea" that the airline should sell part of its holding in its smaller rival. "I can''t imagine they''ll require us to sell all of the stake, but there''ll be some partial sell down," he said. "That will expose them to a lot of legal issues." He added that Ryanair would appeal any order to sell any of its stake. Christoph Mueller, Chief Executive officer of Aer Lingus, has repeatedly made clear he wants to see Ryanair "off the shareholder register".
Ryanair Considers Israel-Krakow Flights for School Groups
May 23 13
Ryanair Ltd. is considering initiating flights between Ben Gurion Airport and Krakow in Poland, to serve the high demand for educational trips to Auschwitz and other former death camps by Israeli students.