European markets closed higher on Friday, capping off a week which saw investors absorb U.S. data and brush aside Ukraine concerns.» Read More
DUBLIN, Nov 1- Budget airline Ryanair has no plans to radically overhaul the way it is managed and has already unveiled most of the promised customer service improvements in an effort to improve its image, Chief Executive Michael O'Leary told Reuters.
Traffic to Barajas airport has dropped as Spain's economic crisis cut domestic tourism and business travel. Investment bank Lazard and Spain's N +1 brokerage are helping with a search for investors for a public launch of at least 49 percent of Aena, which operates 46 Spanish airports and London's Luton, and has stakes in 14 Latin American airports.
European shares closed higher on Thursday, after both the European Central Bank (ECB) and the Bank of England (BoE) voted to maintain ultra-loose monetary policy.
European shares pared losses in afternoon trade on Wednesday to close higher, thanks to a strong open in the U.S. markets. However, airline shares suffered after a profit warning from Ryanair.
Stephen Furlong, senior equity analyst at Davy Research, explains that despite warning on guidance, Ryanair remains confident of its cash flow generation power.
Ryanair's stock price tumbled on Wednesday after it announced that it may miss its full year profit guidance and will cut its winter capacity.
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.
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.
This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
Low-cost airline easyJet halved its losses in the first half, helped by Easter falling earlier and customers escaping cold weather in Britain and Northern Europe.