Ryanair blames Reeves's ‘idiotic' tax grab as it cuts thousands of flights [Yahoo! Finance Canada]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
US:NASDAQ Investor Relations:
investor.ryanair.com
Company Research
Source: Yahoo! Finance Canada
The airline said it would cut UK capacity by as much as 10pc next year, equivalent to a reduction of around 5m passengers after the Chancellor announced a rise in air passenger duty (APD), which is levied on flights starting in the UK. Michael O'Leary, the Ryanair chief executive, accused the Chancellor of a short-sighted tax grab that he said demonstrated that she “has no clue how to deliver growth in the UK economy”. He added: “Reeves has damaged the UK's growth prospects and made air travel much more expensive for UK families travelling abroad on holidays or to visit friends and family. “At a time when Ireland, Hungary, Sweden and many regions in Italy have abolished air travel taxes, Chancellor Rachel Reeves's idiotic decision to further raise the UK's already-high air travel taxes will deliver cuts, not growth.” The Government's decision to increase air passenger duty by £2 per passenger for short-haul flights means a family of four flying to Spain next year will pay £60
Show less
Read more
Impact Snapshot
Event Time:
RYAAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RYAAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RYAAY alerts
High impacting Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares news events
Weekly update
A roundup of the hottest topics
RYAAY
News
- Are Investors Undervaluing Ryanair (RYAAY) Right Now? [Yahoo! Finance]Yahoo! Finance
- Ryanair threatens to drop 10 French regional airports over ‘short-sighted' airline ticket tax hike [Fortune]Fortune
- Ryanair threatens to drop 10 French airports over tax hike [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Believe Ryanair (RYAAY) Could Rally 26.33%: Here's is How to Trade [Yahoo! Finance]Yahoo! Finance
- Ryanair Holdings plc (NASDAQ: RYAAY) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
RYAAY
Sec Filings
- 11/21/24 - Form 6-K
- 11/21/24 - Form 6-K
- 11/21/24 - Form 6-K
- RYAAY's page on the SEC website