Digging around in Ryanair’s Q3 results
Airline Results Robert Boyle Airline Results Robert Boyle

Digging around in Ryanair’s Q3 results

This week Ryanair reported record pre-tax losses of €345m for the December 2020 quarter. Guidance for the March 2021 quarter suggests that will be even worse. Figures buried deep within the balance sheet also revealed some very interesting insights about their recent financial dealings with Boeing.

Read More
The end of the beginning?
Airline Results Robert Boyle Airline Results Robert Boyle

The end of the beginning?

More than six months into the crisis, the Q3 results for the big US airlines provide some perspective on how the industry is coping with the pandemic and the scale of the value destruction that has already taken place.

Read More
easyJet posts first ever annual loss
Airline Results Robert Boyle Airline Results Robert Boyle

easyJet posts first ever annual loss

easyJet released a trading update this week in which it provided guidance on the scale of what will be its first ever annual loss. The company said it lost over £800m pre-tax excluding one-offs, or £1.3 billion including them. The first of the European airlines to provide figures for trading for the July to September quarter, the picture they paint is not a happy one.

Read More