Posts by tag: Ryanair

Local News July 29, 2014

CY needs a strategic investor, minister says

By George Psyllides

Cyprus Airways (CY) needs a strategic investor to survive in the long run, Communications Minister Marios Demetriades said on Tuesday, a day after Ryanair said it was not particularly interested in the troubled national carrier due to its legacy issues.

Ryanair was among nearly 20 companies which last week submitted a non-binding expression of interest in Cyprus Airways, now controlled by the government.

At least five are involved in air transport.

The process is a preliminary step…

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CY needs a strategic investor, minister says
Local News July 28, 2014

Ryanair not ‘particularly interested’ in Cyprus Airways

RYANAIR boss Michael O’Leary said on Monday that the airline was not particularly interested in acquiring troubled Cyprus Airways, which he said had huge legacy issues.
Ryanair was among nearly 20 companies which last week submitted a non-binding expression of interest in Cyprus Airways, now controlled by the government. The process is a preliminary step towards any eventual binding offer by any bidder.
“We are not particularly interested in Cyprus Airways which has huge legacy issues: pension scheme,…

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Ryanair not ‘particularly interested’ in Cyprus Airways
Business Local News July 24, 2014

Almost 20 companies interested in Cyprus Airways sale

By Michele Kambas

ALMOST 20 companies have submitted non-binding expressions of interest in Cyprus Airways , a state-owned carrier that the government wants to privatise, Communications Minister Marios Demetriades said on Thursday.

Aegean Airlines, Ryanair and Israel’s Arkia were among those firms, Demetriades told Reuters.

Romanian low-cost carrier Blue Air said it had also submitted an expression of interest, which is a preliminary step before authorities invite binding bids.

“At least 25 percent of those companies which submitted an expression of interest are related to aviation companies,” Demetriades said.

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Almost 20 companies interested in Cyprus Airways sale
Business Local News July 22, 2014

Ryanair boss says company may show interest in Cyprus Airways

Ryanair will probably submit an expression of interest in troubled Cyprus Airways which is up for sale, Chief Executive Michael O’Leary said on Tuesday.

The Cypriot government in mid-July invited non-binding expressions of interest in its shares or assets in Cyprus Airways, the state-controlled airline which has posted heavy losses for years.

The deadline for submissions is July 23, and requires a non-binding expression of interest to consider a potential binding offer.

“We probably will make some expression of interest…

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Ryanair boss says company may show interest in Cyprus Airways
Local News June 24, 2014

Passengers due home after Ryanair flight rerouted to Athens (update)

PASSENGERS were finally due to arrive in Paphos on Tuesday night after a Ryanair plane from Thessaloniki was forced to re route to Athens on Monday night, twenty minutes after take off when a passenger tried to gain access to the cockpit.
One of the passengers told the CyBC radio that the culprit, a 37-year old Greek engineer who reportedly works for Ryanair, stood up in the cabin, started to shout and then tried to open one of the…

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Passengers due home after Ryanair flight rerouted to Athens (update)
Local News April 1, 2014

Ryanair begins summer season with Paphos-Athens flight

Ryanair on Tuesday said it was celebrating the start of its Paphos summer season with a new route to Athens, giving passengers in Cyprus a choice of 10 destinations for summer 2014.

Ryanair’s Maria Macken said: “We are pleased to celebrate the start of the summer season and our new Paphos route to Athens. This is the first summer where Ryanair customers can enjoy a free small second carry-on bag, “quiet flights”, allocated seats and use their personal electronic devices…

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Ryanair begins summer season with Paphos-Athens flight
Business Local News March 12, 2014

Ryanair rolls out groups’ service for Cyprus

By Staff Reporter

Ryanair said on Wednesday it had extended its groups’ services to Cyprus on ryanair.com, enabling groups and businesses to book the lowest fare group rates.

The service will be followed by a new business product to be unveiled in the summer as Ryanair launches its summer 2014 schedule with 10 European destinations, the airline said but did not elaborate further.

It said Ryanair ‘Groups’ would be of significant interest to all travelling groups including schools, sports clubs…

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Ryanair rolls out groups’ service for Cyprus
Business Local News January 14, 2014

Ryanair announces Paphos-Athens flights, Air Berlin to fly to Larnaca

LOW-COST carrier Ryanair on Tuesday announced its summer 2014 schedule, including a new route to Athens from Paphos which will operate daily from April 1.

Ryanair’s Sales & Marketing Manager Maria Macken said: “Seats on Ryanair’s new Paphos to Athens route will go on sale tomorrow [January 15] on ryanair.com with fares starting from €12. Ryanair’s €12 sale fare includes all non-optional taxes, charges and fees, so passengers who only travel with carry-on luggage and decline our priority boarding service…

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Ryanair announces Paphos-Athens flights, Air Berlin to fly to Larnaca
Business November 4, 2013

Ryanair cuts profit forecast again as fares tumble

By Conor Humphries

BUDGET airline Ryanair warned that annual profit is set to fall for the first time in five years and announced another departure from its no-frills business model as it contends with intense price competition in Europe.

Two months after delivering its first profit warning in a decade, the Irish carrier cut its forecast further for the year to March, to about 510 million euros from 570 million euros, with weak demand pushing down average fares by about…

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Ryanair cuts profit forecast again as fares tumble
International News August 15, 2013

Ryanair sacks pilot for questioning safety on TV

 

Ryanair has fired one of its senior pilots and is preparing legal action against him for questioning the airline’s safety record in a television interview, the company said on Thursday.

Europe‘s largest budget carrier by passengers, Ryanair has in recent weeks rejected accusations from pilots that it encourages crew to carry less back-up fuel and that disciplinary threats discourage the reporting of safety concerns.

Ryanair said it had fired veteran pilot John Goss for his “defamatory contributions” in a…

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Ryanair sacks pilot for questioning safety on TV

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