Irish Airline Ryanair Confident On Breaking-Even in 2009

“Ryanair has no plans to stop operations or increase charges amidst rising fuel prices. The Irish budget airline recently announced a 20 percent rise in profits in the past 12 months will help it absorb high oil prices even if they hover around $130 a barrel.
In a statement, Ryanair chief executive Michael O’Leary expressed confidence that the company would break even next year and could manage the ill-effects of short term income loss due to high fuel costs.”

Link: http://stocksandcommerce.com

Ananova – EasyJet Launches Second Seat Sell-Off

[travel] Ananova – EasyJet Launches Second Seat Sell-Off “No-frills airline easyJet has launched its second round of sales in less than two months as figures showed its planes were less full in May than a year ago.
Airlines have been struggling with soaring oil prices near $130 a barrel, but easyJet is offering up to 20% off two million seats between June 16 and July 17.
In April, the company offered a similar promotion covering May and June as competition in the sector intensifies despite surging costs.”

Link: http://www.ananova.com

Ryanair CEO says oil is hurting

“Rising oil prices are hurting Ryanair, Chief Executive Michael O’Leary said on Wednesday, but Europe’s biggest low cost airline can still avoid making a loss with oil prices at $125 a barrel.
“With oil at $125 (a barrel) … we certainly won’t make a lot of money,” O’Leary told reporters. “I don’t think we will lose money.””

Link: http://uk.reuters.com

Fuel costs will sink most European discounters

“Oil prices well above $100 a barrel will drive most of Europe’s low-cost airlines out of business, the head of EasyJet’s French subsidiary said on Wednesday.
The stark warning of a cull of low-cost airlines came as the British budget airline’s shares fell more than 4% after another spike higher in oil prices towards $120 a barrel.
“There are currently about 50 low-cost carriers on the European market — that’s absurd,” Francois Bacchetta, managing director of EasyJet France, told a news conference.”

Link: http://www.usatoday.com/travel/flights/2008-04-24-easyjet-rivals-oil_N.htm?csp=34

Ryanair opens domestic routes in France and Germany

“Ryanair launches its first domestic routes in France (Marseilles to Paris) and Germany (Frankfurt (Hahn) to Berlin). The routes will start in May 2008. For too long, French and German passengers have been forced to suffer Air France and Lufthansa’s high fares and fuel surcharges for the ‘privilege’ of air travel within their own countries. These new routes will slash the cost of domestic travel and will save French and German consumers over €26m per annum. ”

Link: http://www.boarding.no

Malta welcomes first EasyJet flight

“Low-cost airline EasyJet operated its first flight to Malta this morning. (Sunday, 30th March 2008)

The Luton-based airline will be flying 10 times per week from Gatwick to Malta and daily from Manchester during the summer. During the shoulder months, it will service Gatwick daily and Manchester airport four times a week. The first flight arrived from Gatwick at 11.30.

Though it is a budget airline, no subsidies are being provided to EasyJet since it has assumed the slots previously operated by GB Airways, the British Airways franchise which it bought in October.”

Link: http://www.timesofmalta.com

WordPress 2.5

Just upgraded to WordPress 2.5 everything went smoothly, plugins updated semi automatically, i just had to click some buttons.

i just have to get used to the new admin area now…

Ryanair gets Easyjet ad grounded

“As an airline, you know you’re in bother when Ryanair accuses you of making misleading adverts…

Rival low-cost operator Easyjet has been forced by the Advertising Standards Agency to withdraw some of its adverts, after Ryanair successfully argued that they were misleading. The ASA said they broke rules on ‘truthfulness, guarantees and substantiation’ and have told Easyjet that they can’t be used again.”

Link: http://www.managementtoday.co.uk