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Rytis Beresnevicius
How are Europe’s low-cost carriers handling price wars?

While full-service airlines are struggling to contain the competition from low-cost carriers, is the situation the same for the no-frills airlines as well? Exploring the most recent financial results of the biggest three independent Europe's low-cost carriers:...


Rytis Beresnevicius
Battle of Vienna 2019: Low-cost versus Austrian Airlines

After Lufthansa group announced its mediocre results for Q3 2019, its subsidiaries followed suit. But, in a surprising turn of events, Austrian Airlines' CEO directly told Ryanair's O'Leary that he's wrong "that he can overtake" Austrian in Vienna, where Austrian Airlines is under a lot of pressure from several low-cost carriers:...


AeroTime Team
Austrian Airlines CEO: Ryanair won’t overtake Austrian in Vienna

Reporting a “drastic” fall in earnings and bracing for, potentially, a full year of losses, Austrian Airlines management look at low-cost carriers as one of the culprits of its voes, but promise to defend their Vienna hub stronghold from “flooding” no-frills airlines. ...


Rytis Beresnevicius
Ryanair presents H1 FY2020 results, profit guidance

Ryanair, which has been under pressure amidst the 737 MAX groundings, has revealed its H1 2019 financial results. Surprisingly, compared to the same period last year, profits have stayed flat. Yet the group expects lower profits in the future....


Rytis Beresnevicius
How low-cost carriers pounce on aviation’s downturns

For some, an economic recession or downturn in passengers can mean the end of the road. Yet for others, it can be an opportunity to enter a golden age of business, as exhibited by several low-cost carriers:...


Rytis Beresnevicius
Ryanair tells pilots to transfer, take unpaid leave or lose jobs

A week later after BALPA's Ryanair pilots decided not to strike, Ryanair has informed the pilots that potential job cuts are coming:...


Ruta Burbaite
Ryanair reshuffle: O’Leary succeeded as chief of airline

The King is dead, long live the King(s). Ryanair’s boss Michael O’Leary has been replaced as chief executive of the Irish low-cost carrier. According to media reports, the airline’s chief people officer Eddie Wilson has been appointed to the position of CEO effective September 1, 2019, while O’Leary steps up to being the overall chief of Ryanair Holdings....


Ruta Burbaite
Ryanair says “no travel chaos”, despite failing talks with unions

Remember last summer’s travel misery as a wave of union strikes at Ryanair paralyzed hundreds of holidaymakers’ flights? The scenario is likely to repeat itself in the comings weeks, with staff walkouts now planned in Ireland, Britain, Spain and Portugal. Ryanair assures it expects minor disruption to operations, but the prospect of the two sides resolving their ongoing dispute is dim....


Merve Kara
Ryanair to close number of bases starting next year

  Ryanair will close a number of bases due to the late delivery of up to 30 Boeing MAX aircraft from next year.  ...


Zivile Zalagenaite
Ryanair to fire 900 pilots and cabin crew, blames MAX and Brexit

Ryanair has confirmed plans to fire “approximately” 900 of its current employees. The news comes days after the company reported a 21% plunge in profit.  Ryanair is planning massive job cuts, the company has confirmed to AeroTime: “Ryanair expects approx. 900 current staff could be impacted”. The company’s spokesperson did not provide details on what roles, locations and airlines within the Ryanair Group will be...