It is expected that Ryanair will start to fly from Frankfurt in the Spring of 2017 with flights to many Spanish tourist areas.
Profits at airline giant Ryanair grew 7% in the 6 months to September 2017. Revenue rose by 2% and now stands at €4.13bn. Michael O’Leary commented that the revised upwards growth of the company means that they need “to raise our long-term traffic forecast by over 10% to 200 million passengers per annum by March 2024”.
Wow Air is planning to fly 4 times a week from Cork to Reykjavik from May 2016. Irish passengers can then connect onwards to many US or Canadian cities, including Pittsburgh and Montreal.
Aer Lingus will increase significantly its long-haul capacity by 22% in 2017 as it opens a Dublin to Miami service, amongst other new routes to the USA for Summer 2017.
Passenger numbers at Dublin Airport increased by 9% in October. This was compared with the same month in 2015. Transatlantic passengers grew by 291,000 (26%) for the same period.
Lufthansa are launching a new service from Shannon Airport to Frankfurt from April 2017. The service will currently only operate on Saturday’s between end April to end October.
The Irish aircraft lessor, SMBC Capital Aviation has seen its revenues soar by 19%. They reported assets worth $9.6bn in September.
Lough Eske Castle reported that RevPAR have increased 10% for the 2015 financial year whilst at the same time reporting a €376,017 pre-tax loss.
Lufthansa was force to cancel 1,700 flights over 2 days due to a strike by pilots. The strike is part of a long-running feud regarding pay. In the previous week in November, 2,800 flights were cancelled over 4 days due to the same issue. It is now the 14th walkout in the continuing dispute.
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