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Jet2 sees weaker annual profit growth

UK low-cost airline and travel firm Jet2 today tempered its profit outlook as visibility was muddled by travellers booking tickets closer to departure, sending its shares plummeting and dragging down those of its European peers.

Business • 04 Sep

Michael O'Leary said Ryanair was producing 'very strong profits' but conceded they 'could be slightly down this year against the prior year'

Ryanair seeing better momentum in bookings - O'Leary

Ryanair has seen better momentum in bookings since August and less need to discount prices, group chief executive Michael O'Leary told Reuters today, but added that profit for the year was likely to be slightly down on last year.

Business • 17 Sep 24

Gary Morrison, Hostelworld's chief executive

Hostelworld posts higher H1 bookings and revenues

Dublin-based hostel booking company Hostelworld has today reported higher bookings, revenues and operating profits for the six months to the end of June.

Business • 08 Aug 24

HostelWorld Group marks a return to profit in 2023

Dublin-headquartered online booking platform HostelWorld Group has reported a return to profits on the back of robust bookings growth across all its regions, including a record year for its Asia operations.

Business • 21 Mar 24

Gary Morrison, the HostelWorld chief executive

HostelWorld Group's third quarter revenues up 38%

Dublin-headquartered online booking platform HostelWorld Group has reported a 38% increase in revenue up to the end of September.

Business • 18 Oct 23

93% of coach tour operators said their business has been significantly impacted by travel restrictions on international visitors, a new survey shows

84% of coach tour firms say business has not recovered

A recent survey conducted by the Coach Tourism and Transport Council of Ireland shows that every single respondent had noted a substantial decline in bookings for next year.

Business • 16 Sep 21

Ryanair said it was experiencing a "strong rebound of pent up travel demand into August and September"

Ryanair ups traffic forecast as summer bookings surge

Ryanair has today raised its forecast for full-year traffic on strong summer bookings, with group chief executive Michael O'Leary saying the post-pandemic recovery offers the best growth opportunities of his three-decade career.

Business • 26 Jul 21

Lufthansa CEO Carsten Spohr said he expects business on average to reach half of 2019 levels next year

Lufthansa CEO sees bookings tripling in Summer 2021

Bookings at Lufthansa have tripled for next Summer boosted by the imminent approval of a Covid-19 vaccine, its chief executive Carsten Spohr told a German magazine.

Business • 11 Dec 20

Southwest expects its cash burn to be about $20m a day, compared with its prior estimate of about $23m a day

Southwest forecasts lower Q3 cash burn as booking rise

US carrier Southwest Airlines said today it expects cash burn in the third quarter to slow as bookings improve in August from a pandemic-driven grounding of flights worldwide.

Business • 19 Aug 20

Excluding Turkey, Thomas Cook said its bookings were up 8% this summer

Thomas Cook sticks to outlook despite Turkey hit

UK travel company Thomas Cook stuck to its annual profit guidance, after strong demand for summer holidays to destinations other than Turkey helped offset pressure on the group.

Business • 27 Sep 16

Militant attacks in France have hit tourism in the country since last year

Air France cites attacks, strikes as bookings fall

Air France expects a further decline in bookings over the coming months as a result of Islamist militant attacks and a cabin crew strike that took place during the summer.

Business • 20 Sep 16

Thomas Cook is half-way through a three-year plan to cut jobs and close branches

Thomas Cook sees pick-up in summer bookings

Holiday operator Thomas Cook said today it had seen an improving trend for summer holidays since it reported first quarter results, with overall bookings up 2%.

Business • 27 Mar 14

Thomas Cook posted an underlying operating loss of £56m in the three months to December

Thomas Cook's seasonal loss narrows

British holiday operator Thomas Cook said its seasonal loss narrowed in its financial first quarter.

Business • 11 Feb 14

EasyJet made a pre-tax profit of £478m for the year to the end of September

EasyJet posts 51% jump in annual profits

EasyJet reported a 51% rise in full year profit and said it would return £175m sterling to shareholders through a special dividend.

Business • 19 Nov 13

Ryanair's Michael O'Leary says no upgrade to full year guidance

Ryanair shares slump after it cautions on profits

Shares in Ryanair slumped in Dublin trade after the airline said it expects its full year results will be at the lower end of its net profit range of €570m to €600m.

Business • 04 Sep 13

Aer Lingus says recent warm weather in Ireland has negatively impacted bookings in July.

Aer Lingus maintains outlook for the rest of 2013

Aer Lingus has reported operating profits of €29.1m for the three months to the end of June, down 8.2% on the same time last year.

Business • 31 Jul 13

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