Budget airline Ryanair has announced a raft of improvements in a bid to keep up with its main rival easyJet, chief executive Michael O'Leary said.» Read More
The storm brewing around budget airline Ryanair continued on Tuesday, with the airline’s chief executive branding a pilots’ group which raised concerns a “joke”.
Michael O'Leary, CEO of Ryanair, tells CNBC that the Ryanair Pilot Group safety claims is an attempt by the European pilots unions to desperately try and unionize in Ryanair.
Evert van Zwol, chairman of Ryanair Pilot Group, tells CNBC that Ryanair pilots are worried about stepping out in the open to talk about their safety concerns.
European shares pared earlier gains to close flat on Monday following a late sell-off after reports that Barclays will seek to raise £5 billion ($7.69 billion) via a rights issue.
John Strickland, director of JLS Consulting, tells CNBC to expect strong growth in the Ryanair fleet over the next five years.
Howard Millar, deputy CEO and CFO of Ryanair, tells CNBC about the return to reserve seating and eventual plans to have dynamic seat pricing.
Large European airlines can't "walk straight and chew gum at the same time"—creating an opening for Ryanair to grab more short-haul share, CEO Michael O'Leary told CNBC.
Ryanair bought 175 Boeing 737s at the Paris Air Show last week. Michael O'Leary, CEO of the Irish-based airline, discusses the state of the European industry.
PARIS, June 20- European planemaker Airbus clinched deals for another 90 planes on Thursday, taking its total orders and commitments at the Paris Airshow to 466 aircraft worth $68.7 billion at list prices.
PARIS, June 20- European planemaker Airbus sought to finalise a flurry of orders on Thursday to avoid a rare defeat to U.S. arch-rival Boeing at its domestic Paris Airshow. As of Wednesday, Airbus lagged its competitor with 211 firm orders against 265 for Boeing.
CFM International, a joint venture of General Electric and Safran, added $13.06 billion in orders, bringing its total for the show so far to $15 billion. CFM orders also included 350 CFM56-7B engines for Irish low-cost airline Ryanair valued at $3.7 billion.
Fed Chairman Ben Bernanke, in an effort to keep the bond yields from spiking, will likely emphasize the difference between tapering and tightening when it comes to monetary policy ( USA- FED/, moved, by Alister Bull, 760 words). -USA- FED/POLL, expect by 2100 GMT/ 5 PM ET.
PARIS, June 19- Following is a summary of commercial plane orders announced by Airbus and Boeing at or during the main trade days of the June 17-23 Paris Airshow. Boeing 369 $54.9 bln 32 $9.2 bln. Air France-KLM 25 A350-900 $7.2 bln.
PARIS, June 19- Ryanair, Europe's biggest budget airline, could start selling low-cost trans-Atlantic flights if it secures enough twin-aisle aircraft and gains access to cities in both Europe and the United States, its chief executive said on Wednesday.
*Ryanair finalises Boeing order worth $15.6 bln at list prices. PARIS, June 19- Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets.
PARIS, June 19- China's Comac could build a larger version of its C919 aircraft in the early 2020 s to tempt airlines away from dominant global planemakers Airbus and Boeing, the head of Irish low-cost carrier Ryanair said. Ryanair, which has an all-Boeing 737 fleet, signed a design agreement with Comac two years ago to help produce a rival jet.
European shares pared gains, but closed higher on Thursday, after a round of soft U.S. data.
Michael O'Leary, CEO of Ryanair, says the U.K.'s competition watchdog is "completely out of touch" and "irrelevant" following their decision that Ryanair should reduce its holding in Aer Lingus.
Michael O'Leary, Ryanair CEO, explains how his "pay-as-you-go" business model improved the company's profits, and weighs in on the growing competition between low-fare airlines.
European shares closed mixed on Monday afternoon, after briefly touching fresh five-year highs earlier during the session.