English
French
German
Italian
Russian
Spanish
Ryanair says online travel agents remove flights; sees no impact on profit
Ryanair says online travel agents remove flights; sees no impact on profit By Reuters
Breaking News
‘;
Published Jan 03, 2024 02:50AM ET
Updated Jan 03, 2024 03:36AM ET
© Reuters. FILE PHOTO: A Ryanair airplain is seen at Palermo Falcone and Borsellino airport, Italy July 10, 2016. REUTERS/Tony Gentile/File Photo
DUBLIN (Reuters) -A number of online travel agents stopped selling Ryanair flights in early December following legal and regulatory pressure, but the move is not expected to materially affect full-year profit, the Irish airline said on Wednesday.
Ryanair said the removal may have been the result of pressure from national consumer protection agencies, new customer verification measures it has taken, or a response to a recent Irish High Court ruling blocking the use of certain technology to scrape its website.
Its share price was down 3% at 0813 GMT.
Ryanair, Europe’s largest airline by passenger numbers, in a statement described the move by online travel agents (OTAs) including Booking.com, Kiwi and Kayak as welcome.
It has in recent years launched a series of legal challenges against OTAs, arguing that some charge additional fees and act as a block to communication with customers.
The airline said some “honest/transparent OTA’s such as Google (NASDAQ:GOOGL) Flights, who do not add hidden mark ups” continued to sell Ryanair flights.
Booking Holdings (NASDAQ:BKNG), which operates Booking.com and Kayak, and Kiwi.com did not immediately respond to requests for comment.
Ryanair said it expected the move to increase the percentage of empty seats per flight by 1% or 2% in December and January, but that it did not expect it to materially affect full-year traffic volumes or its full-year after-tax profit guidance.
The company on Wednesday said the average number of empty seats per flight in December increased to 9% from 8% in the same month last year.
The airline flew 12.5 million passengers in December, up 9% from December 2022, despite more than 900 flights being cancelled due to the war in Gaza.
Ryanair says online travel agents remove flights; sees no impact on profit
Terms And Conditions
Privacy Policy
Risk Warning
Do not sell my personal information
© 2007-2024 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
