Ryanair ordered to remove ‘offensive’ Jab & Go ad by UK watchdog
People felt the airline was implying that most of the UK population would be vaccinated against Covid-19 by spring/summer 2021
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LON:RYA
Ryanair operates a scheduled passenger airline serving routes between Ireland, the United Kingdom, Continental Europe and Morocco. It claims to be Europe's largest airline and is the parent company of Ryanair DAC, Ryanair UK, Buzz and Lauda airlines
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People felt the airline was implying that most of the UK population would be vaccinated against Covid-19 by spring/summer 2021
The budget airline operated around 15% of its normal January schedule
As well as having taken rival easyJet’s aircraft slots at Stansted airport and extending its contract at the Essex base, the company is working with various airports on “recovery/growth incentives”
Ryanair called on the Irish and UK Governments to "accelerate the slow pace of vaccine rollouts"
UK investors will also be prevented from buying shares in Ryanair
The order expands the Irish airline's total firm order of the aircraft to 210 units, up from 135 previously, which carries a price tag of over US$22bn
Travel has been impacted by lockdowns across Europe and rising COVID-19 infections
Consumer organisation Which? recently estimated there is more than £1bn still outstanding to customers
US carriers are expected to start commercial flights at the end of the year
“We had previously assumed that testing and vaccine would be the catalyst to enable remobilisation and still see that to be the case,” the analysts said
There is a probability of a “super cycle” for the airline sector because of the improved capital discipline, Credit Suisse said
The two budget airlines only flew around a third of the passengers flown in the same period last year
The airline has said already that it expects to carry only 38m passengers over the full year
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The schedule cuts "have been forced upon us by government mismanagement of EU air travel," said boss Michael O'Leary
The low-cost carrier would start receiving aircraft early next year
In September, Ryanair said it was cutting capacity by 20% and this latest round of reductions comes on top of those.
The air traffic control provider was not found to be guilty of failures over airspace capacity, coding and discrimination
The broker said a recovery in passenger demand following lockdown was "likely to be choked off" by "hugely inconsistent" travel policies across Europe
JD Wetherspoons and Restaurant Group were the biggest fallers, down 8%, while Marston’s fell 7%