Emirates to reduce Zagreb flights over runway work

GLOBAL AVIATION NEWS

Ryanair traffic falls 81%

Ryanair has reported a “strong snap back” in bookings in recent weeks, but said that business continues to be challenging. The airline reported a full-year net loss of 815 million euros as Covid-19 restrictions pushed its traffic levels down 81%. Analysts had forecast a net loss of 933 million euros for the twelve months ending in March. Ryanair’s CEO, Michael O’Leary, said it was a “very difficult year”, but that the company was “looking forward with tremendous optimism”. “In the first week of April, we took just under half a million bookings. Six weeks later, last week, we took 1.5 million bookings. So we are seeing a very strong snap back in bookings; travel beginning to start from June, July, August”, O’Leary said. He added, “I think if these trends continue we will be looking reasonably optimistic towards a very strong second quarter of traffic recovery”. Regardless of the recent surge, Ryanair only expects to come close to breakeven in the twelve months to March 2022. “FY22 (full fiscal year 2022) continues to be challenging, with uncertainty around when and where Covid lockdowns and travel restrictions will be eased”, it said in a statement. Ryanair expects traffic in the year to March 2022 to be at the lower end of its range of between 80 million and 120 million passengers. In the year to March 2021, the airline reported 27.5 million customers. Despite vaccinations gathering pace and European governments starting to welcome tourists again, Ryanair doesn’t expect prices to jump in the short-term. In fact, O’Leary said there is “huge value” for British families looking to holiday in Europe this summer. However, he did warn that there could be some price pressure in late 2021 and into the summer of 2022. “We should be careful though, out into the winter of 21 and certainly into the summer 22, because as Europe recovers from Covid … there is no doubt in mind that there will be about 20% less capacity out there”, O’Leary said.
Source: CNBC

Emirates to reduce Zagreb flights over runway work

NEWS FLASH

Emirates will temporarily reduce operations to Zagreb from daily to four per week next year due to a runway upgrade project in Dubai scheduled to run for 45 days between April and May 2019. Zagreb is one of a number of destinations that will be affected by the closure of one of Dubai Airport's runways. According to "Airline Route", Emirates will maintain four weekly flights to the Croatian capital from April 16 until May 30, 2019. Services on Wednesdays, Fridays and Sundays have been closed for booking during this period. This coming winter season, Emirates will maintain daily flights between Dubai and Zagreb, up from five weekly last winter.

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74713:14
Bravo Hrvatska!
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Zvone13:25
It is only for 45 days - cut the doom and gloom OMG
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Anonymous13:53
Why did they choose April and not winter?
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Emirates to reduce Zagreb flights over runway work

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