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Ryanair-11

Old 2nd Dec 2020, 16:26
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Ryanair-11

"Ryanair is close to placing an order for dozens of additional Boeing 737 MAX jets in a commercial boost to the U.S. planemaker after regulators lifted a 20-month safety grounding, industry sources said."

https://www.reuters.com/article/us-b...-idUSKBN28C223
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Old 2nd Dec 2020, 21:38
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Good spot.

Ultimately the key point is "as part of a compensation deal for delays caused by the grounding.". This is pretty much in line with what I suggested when rumours first broke of a potential deal.

Financed by EXIM so assumming Ryanair pay $40 M each, sales and lease back deal @ low rates for $80 M each and you have just generated a huge pot of cash.
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Old 2nd Dec 2020, 22:30
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In December 2020 and also early January 2021, Ryanair are flying between Stansted and Edinburgh. During Dec 2020, it's a FR flight code and operated by Ryanair Ireland - i.e. default setup for Ryanair. From 01-Jan-2021, there's an RK flight code (i.e. Ryanair UK) but the Ryanair website lists the flight as being *operated by Ryanair* - i.e. Ryanair Ireland doing the flying rather than Ryanair UK
For clarity, I'll refer to the Irish airline within the Ryanair group of companies as Ryanair Ireland
I get that Brexit means things change - and I really don't want a whole Brexit/EU argument going on here, but how can you have a UK-registered airline flight code, operated by an EU-registered airline on a domestic flight within the UK ? Yes, I know Ryanair UK is probably 100% owned by Ryanair Ireland so it's a paperwork/legalities exercise rather than any money being involved
Wizzair Hungary (W6) have set up a UK airline called Wizz UK with a separate code (W9) with G- aircraft that are registered to Wizz UK. Wizz don't fly UK domestic so have fewer constraints in their overall operation

Surely one would expect flights between Edinburgh and Stansted after 01-Jan-2021 to not only have an RK flight code but also be *operated by Ryanair UK* instead of Ryanair Ireland ?


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Old 2nd Dec 2020, 23:00
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Ryanair UK only has one aircraft, G-RUKA.

Those flights with the RK code are indeed Ryanair UK flights (as needed to continue after 1st Jan), but 'operated by Ryanair' (ie the aircraft is leased in from Ryanair DAC/Ireland).

Whether the Ryanair UK fleet will grow in time I'm not sure, but so long as they're a UK carrier (based in STN) with it's own AOC, there's no reason to my knowledge why it couldn't operate using any aircraft leased in from any one of the other Ryanair subsidiaries.
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Old 3rd Dec 2020, 00:14
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davidjohnson6

Aer Lingus' BHD-UK operation is not going over to a British AOC so far as I know. I believe an exemption has been granted.
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Old 3rd Dec 2020, 07:29
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Whether the Ryanair UK fleet will grow in time I'm not sure, but so long as they're a UK carrier (based in STN) with it's own AOC, there's no reason to my knowledge why it couldn't operate using any aircraft leased in from any one of the other Ryanair subsidiaries.
With CAA approval, and if the old system still applies would need to take account of any possible objections from other UK airlines.
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Old 3rd Dec 2020, 09:33
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Dividends

Ryanair never, even when times were good, ever paid any dividend to its share holders so why is the share price rising ? Better times revenues will rightly accrue to the account of Michael, not to dumb shareholders.
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Old 3rd Dec 2020, 10:50
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Not so sure the "never & "ever" are correct however.
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Old 3rd Dec 2020, 10:59
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I've just noticed that whilst the Maltese registered aircraft have the Maltese flag next to the registration and the Polish aircraft the Polish flag, and obviously the Irish aircraft the Irish flag, the one British registered aircraft is missing the Union Flag. Just an oversight or intentional?

(Not wanting to start any political arguments but just an observation which I found amusing!)
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Old 3rd Dec 2020, 11:17
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Guess but its not mandatory in UK and might be elsewhere?

Jet 2, BA etc dont carry the flag so not an intentional omission from FR.
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Old 3rd Dec 2020, 11:45
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Originally Posted by Bueno Hombre View Post
Ryanair never, even when times were good, ever paid any dividend to its share holders so why is the share price rising ? Better times revenues will rightly accrue to the account of Michael, not to dumb shareholders.
The first part is wrong and the second part makes no sense.
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Old 3rd Dec 2020, 11:51
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Well being Ryanair, I doubt they'd spend money 'decorating' an aircraft frame if they didn't actually need to or have a marketing plan in mind!
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Old 3rd Dec 2020, 13:13
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Ryanair have paid billions in dividends over the last 7 or 8 years
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Old 3rd Dec 2020, 13:47
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and lots of share buybacks I believe....
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Old 3rd Dec 2020, 15:16
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"WASHINGTON, Dec. 3, 2020 /PRNewswire/ -- Boeing [NYSE: BA] and Ryanair announced today that Europe's largest airline is placing a firm order for 75 additional 737 MAX airplanes, increasing its order book to 210 jets. Ryanair again selected the 737 8-200, a higher-capacity version of the 737-8, citing the airplane's additional seats and improved fuel efficiency and environmental performance."

https://boeing.mediaroom.com/2020-12...?sf240731629=1
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Old 3rd Dec 2020, 16:27
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Timeline for delivery of "the gamechanger" also condensed with all a/c to be delivered by 2024.
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Old 3rd Dec 2020, 21:36
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I notice that both the EZY and FR flights from EDI to STN leave at the same time. I wonder what the load factors will be.
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Old 3rd Dec 2020, 22:16
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Michael O'Leary is not Ryanair nor has he ever claimed to be. True he has a generous incentive scheme allied to performance but bearing in mind he is already very wealthy and is quite happy to pay millions in tax in that Tax Haven (Not) Ireland then I see not what the reason is. Bearing in mind he bet the farm in 2001 when all were laughing at a stupid decision I guess the laughter is not there now.

For reference Ryanair has spent just under €7 billion in special dividends and buy backs since 2008 but hey begrudgery works if you want it to.

As for the dumb shareholders they could have put money in safe banks.....oh wait.
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Old 4th Dec 2020, 14:19
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Ryanair is launching a new base at Venice-Treviso Airport ! Opening 30 March 2021 with 2 based aircraft and 45 routes

New routes :

Paphos
Billund
Alicante
Palma
Tenerife
Chania
Kos
rhodes
Thessaloniki
Tel Aviv
Alghero
Pescara
Trapani
riga
Fez
Warsaw-WMI
Poznan
Kyiv

Some routes were already in the previous network they just come back
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Old 5th Dec 2020, 10:28
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Ryanair's VIE base (currently 3 based a/c) will be closed eff. January. Lauda Europe and Buzz will take over.

Beauvais base was opened on 3rd December.
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