Ryanair to delist from London Stock Exchange on 17 December
The volume of trading on the London Stock Exchange does not justify the costs, Ryanair said
Company
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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The volume of trading on the London Stock Exchange does not justify the costs, Ryanair said
The German bank holds a ‘buy’ recommendation with a €20 target price
The Irish budget airline also announced that it may de-list its shares from the London Stock Exchange
Passengers received 'Chargeback' refunds worth between £400 and £630 as they couldn’t fly due to government advice against non-essential travel
The law did not provide passengers with a sufficiently clear right to a refund
Ryanair has reported that it carried 10.6mln passengers in September
The Advertising Standards Authority will release new guidance and start enquiries into key sectors
The Irish airline expects passenger numbers to grow to over 225mln by March 2026, well above the previous target of 200mln
The MAX has only recently been given clearance to resume flying again after two fatal crashes
The EU Covid Certificates are stimulating a recovery in the travel industry, the airline said
Flights should return to pre-covid -19 levels in October
Belfast International Airport is seeking to find other airlines willing to take over Ryanair's abandoned routes
People across Europe are resuming air travel as COVID-19 vaccine rollouts progress
“We are seeing a strong rebound of pent up travel demand into Aug. & Sept"
Airlines are putting on more flights to meet the demand
“The UK is being left behind, and the rest of Europe is opening up and unwinding”
Most captain vacancies will be filled by internal promotions of first officers, who will then be replaced by new cadet pilots
The Bucharest-based carrier is aiming to raise up to €250mln through a reverse takeover on the AIM market this Autumn
Ryanair operated over 38,000 flights in June with a load factor of 72%
Ministers are only considering small changes after the end of lockdown in England was postponed