El Al to launch Dubrovnik service

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

El Al to launch Dubrovnik service

NEWS FLASH

Israel's national carrier El Al will introduce seasonal flights between its hub in Tel Aviv and Dubrovnik this summer season. Services will commence on June 4 and run once per week, each Tuesday, until September 24 with the 189-seat Boeing 737-800 aircraft. Further flight details for the new route can be found here.

Comments

Anonymous13:52
Almost all Boeing737-800 aircraft are Operated for subsidiary Sun d'Or under the same slogan:It's not just an airline. It's Israel.
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Anonymous14:07
Bravo Hrvatska!
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Anonymous15:57
Another upper class airline flying to Dubrovnik.
Dubrovnik is the jewel of the Balkans and a treasure for Europe.

American Airlines, El Al, I am sure we will see high class carriers from Asia, too.
By the way, El Al have their 767 classic, so if the route gets popular they might upgrade it.
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Anonymous17:04
Another great news for DBV with more to follow! Congrats!
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Anonymous17:12
Will OU still operate DBV-TLV?
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Anonymous18:36
I'm sure they will increase the frequency from only 1pw.
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Unknown02:04
So happy. I will fly often from.Dubrovnik to my favorite Tel Aviv.
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Anonymous07:28
Bad news for OU and ZAG.
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El Al to launch Dubrovnik service

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