Ryanair extends free flight change period

The FINANCIAL — Ryanair today announced it will extend the waiving of its flight change fee for all customers who book in December 2020 and January 2021. This gives Ryanair customers peace of mind and greater flexibility should their travel plans change,…

1 min read

Ryanair announces additional flights for Christmas

The FINANCIAL — Ryanair announced additional flights commencing from the 17th Dec, allowing family and friends to finally reunite this year. In response to strong demand and as part of their commitment to bring families and friends together this Christmas, Ryanair is…

1 min read

Significant increase in the number of flights

The FINANCIAL — Air travel demand in Europe is recovering from COVID-19 impact. Business aviation recovering faster than other segments and now only 9% below 2019 levels. Also, all-cargo flights are 4% above 2019 levels. Ryanair, announced it has restored over 60% of normal flight…

6 mins read

European Commission approves €3.4 billion KLM bailout

The FINANCIAL — The European Commission has approved, under EU State aid rules, a €3.4 billion Dutch aid measure consisting of a State guarantee on loans and a subordinated State loan to KLM. As a result of the imposition of travel restrictions introduced…

5 mins read

Airlines’ shares plunges as coronavirus spreads

The FINANCIAL — Shares of airlines and travel companies around the world plunged Monday due to fears about the spread of the coronavirus. The International Air Transport Association warned last week that the virus would inflict a $1bn hit on airline industry’s…

5 mins read