Ryanair to launch new Niš, Banja Luka service

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Emirates posts first loss in 30 years

Dubai-based Emirates airline has posted a $5.5 billion annual loss, its first in more than three decades, after the coronavirus pandemic devastated the aviation industry. The carrier said it received a capital injection of $3.1 billion from its owner, the government of Dubai, to help it survive the crisis. The Emirates group was "hit hard by the drop in demand for international air travel as countries closed their borders and imposed stringent travel restrictions", said Chairman and Chief Executive, Sheikh Ahmed bin Saeed Al Maktoum. "No one knows when the pandemic will be over, but we know recovery will be patchy", he said in a statement. The Middle East's largest carrier said that the fallout triggered a loss of 20.3 billion dirhams ($5.5 billion) over the financial year to March, after last year's 1.1 billion dirhams ($288 million) profit. The airline, which was forced to temporarily suspend scheduled operations last year, saw revenue fall 66% to $8.4 billion. Over the fiscal year Emirates carried 6.6 million passengers, down 88% from the same period in the previous year. "The Covid-19 pandemic continues to take a tremendous toll on human lives, communities, economies, and on the aviation and travel industry", Sheikh Ahmed said. "Economies and companies that entered pandemic times in a strong position, will be better placed to bounce back", he added. The last time the airline reported a loss was in the 1987-88 financial year, when it was starting up its operations. Like other major carriers, Emirates began announcing heavy layoffs when its fleet of A380 superjumbos and Boeing 777s was grounded. The Emirates Group's employee base - which includes ground-handling firm Dnata - was slashed by 30.8% to 75.145 employees. Before the virus hit, Emirates airline alone employed some 60.033 staff, including 4.300 pilots and nearly 22.000 cabin crew. The workforce has now shrunk to 40.801 staff. Emirates is currently flying to 157 destinations, almost its full travel network of 158 destinations in 85 countries before the pandemic.
Source: France 24

Ryanair to launch new Niš, Banja Luka service

NEWS FLASH

Low cost carrier Ryanair will be introducing a new service from Stockholm’s main international airport Arlanda to Niš and Banja Luka. The budget carrier previously maintained operations from Stockholm Skavsta to Serbia's and Bosnia and Herzegovina’s second largest cities but closed its base, discounting services as a result. Flights from Arlanda to Niš and Banja Luka will run twice per week, starting October 31 and November 2, respectively. The development comes just weeks after Wizz Air announced the launch of its Skavsta - Banja Luka service this summer. Further flight details for Ryanair’s new route to Niš can be found here, while additional information for the Banja Luka service can be found here.

Comments

Anonymous10:43
So BNX will have two airlines to Stockholm in winter but ZAG will have zero. Hopefully FR adds ARN ZAG ASAP
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Anonymous11:23
Love it. Go BNX Go!
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Anonymous11:26
WOW
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Anonymous15:28
This is extremely important because it shows that FR is not giving up on BNX just because they are expanding in ZAG. I guess they are still not sure about their success there so they are keeping this as plan B.
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Саша15:47
Great news for people using BNX. So shuttle bus transport from ZAG to BNX for the flight to Stockholm will be reality. The war between FR and Wizz has started.
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Anonymous16:02
Great news! I will be one of the first people to fly from Nis to Banja Luka. I always wanted to visit. I'm surprised that JU hasn't done this yet.
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Anonymous10:00
Any plans for BNX - Oslo?A lot of routes go to Sweden but non of them to Norway.
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Ryanair to launch new Niš, Banja Luka service

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