Tag: dublin (Page 1 of 3)

Milan court rules in favor of ryanair online distribution model

February 14, 2024 / WIL BALDWIN

Milan, Italy, February 14, 2023 – Ryanair Holdings PLC (Dublin: RYA), Europe’s No.1 airline, today welcomes the judgments of the Milan Court of Appeal conclusively rejecting Lastminute and Viaggiare’s claims that Ryanair’s exclusive online distribution model constitutes an abuse of a dominant position.

Ryanair has long campaigned to protect customers from price gouging by OTAs who continue to dupe unsuspecting consumers by unlawfully scraping Ryanair’s website, including by overcharging for air fares and ancillary services, using fake customer accounts, fake customer payment cards and fake customer emails. This can be hugely detrimental to customers who, apart from being overcharged, cannot access their Ryanair bookings, make the necessary security declarations, access refunds, or receive direct email communications (such as online check-in reminders) from Ryanair. This historical and precedent-setting Court ruling is a major step forward in protecting unsuspecting consumers from being overcharged by OTAs, and will help to ensure that Ryanair customers always get the lowest fares, the best customer service, and real time email communications.

Ryanair has recently concluded pro-consumer deals with the OTAs Love Holidays and Kiwi so that they can market our flights to their customers, without hidden mark-ups and with full transparency for passengers to protect them against overcharging.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Ryanair agrees on new partnership deal with OTA kiwi.com

January 29, 2024 / WIL BALDWIN

KIWI GUARANTEE NO OVERCHARGING FOR RYANAIR FLIGHTS/ANCILLARIES

Following the recent approved partnership between Ryanair Holdings PLC (Ireland: RYA) and OTA, loveholidays.com. Ryanair today (Monday, January 29) announced a new partnership agreement with approved OTA, Kiwi.com, which guarantees that Kiwi will now have direct access to the Ryanair.com website without screenscraping, and Kiwi agree to provide their customers with low Ryanair prices for flights and ancillaries, and will see Kiwi provide the direct accurate customer contact and payment details to Ryanair.

This new approved OTA deal means that Kiwi customers can now buy Ryanair flights/ancillaries at real prices (without mark-ups) via the Kiwi.com website, and Kiwi customers will have direct access to their myRyanair account and will receive all Ryanair flight info directly to their email from Ryanair. Kiwi customers will no longer need to complete Ryanair’s customer verification process which unauthorised OTA Pirates’ customers must continue to do.

In addition to these benefits, this deal also allows customers to enjoy Kiwi virtual interline service which allows customers to book connecting flights, but if they miss their connection flight, Kiwi will reaccommodate passengers free of charge on the next available flight.

Ryanair has long campaigned for all consumers to be protected from OTA Pirate overcharges and pricing scams, and an end to fake customer contact and payment info. This approved OTA partnership with Kiwi demonstrates how OTAs can work with Ryanair in a transparent way that eliminates the need for anti-consumer practices while giving Kiwi.com passengers direct access to Ryanair’s low prices with no overcharges or price scams.

Forward-Looking Statements

JetBlue announces seasonal flights to Dublin and Edinburgh are now on sale

October 25, 2023 / WIL BALDWIN

New York, NY, October 25, 2023, Business Wire – JetBlue Airways Corporation (Nasdaq: JBLU) today announced entrance to two new transatlantic destinations – Dublin, Ireland and Edinburgh, Scotland – with flights on sale starting today. Daily seasonal service from New York’s John F. Kennedy International Airport (JFK) and Boston Logan International Airport (BOS) to Dublin Airport (DUB) will begin March 13, 2024, and continue through September 30, 2024. Daily seasonal service from New York’s JFK to Edinburgh Airport (EDI) will begin May 22, 2024, and is scheduled through September 30, 2024. These mark JetBlue’s fourth and fifth transatlantic markets. The award-winning carrier currently offers daily nonstop service to London, Paris and Amsterdam from New York and London and Amsterdam from Boston.

Entry into Dublin and Edinburgh

With these new destinations, JetBlue is once again elevating service across the Atlantic. The airline’s premium Mint experience features fully lie-flat private suites with a sliding door and innovative design elements allowing customers to feel at home in the air. Restaurant-style meals are curated by Delicious Hospitality Group’s (DHG) popular New York City restaurants Charlie Bird, Pasquale Jones and Legacy Records. Core customers enjoy a boutique-style experience with the most legroom in coach as well as fresh meals created by NYC-based restaurant DIG. All customers can stay connected with fast, free and unlimited high-speed Fly-Fi. Plus, they have access to a wide selection of entertainment, including exclusive content from Peacock.

Flights to Dublin and Edinburgh will operate daily on JetBlue’s Airbus A321neo with Mint® aircraft with 16 redesigned Mint Suite® seats, 144 core seats and the sleek and spacious Airspace cabin interior. The A321neo with Mint features a 20 percent increase in fuel efficiency and up to 500 nautical miles in additional range.

RYANAIR celebrates 15-year base anniversary and 33M passengers at Edinburgh Airport

July 8, 2023 / WIL BALDWIN

Ryanair (NYSE: RYAN), Edinburgh’s No. 1 airline, today (6^th July) celebrated the 15-year anniversary of its base and 33 millionth passenger at Edinburgh Airport. Ryanair first began operating to/from Edinburgh Airport in 2001 with its first flight from Dublin. The airline has since grown to become Edinburgh Airport’s biggest carrier operating a record schedule for Summer ’23, with over 590 flights per week across 69 routes, incl. 6 new routes – Belfast, Bournemouth, London, Newquay, Rhodes, and Venice – on its 11 based aircraft, which represent a $1.1 billion investment and support over 3,800 local jobs.

To celebrate the 15-year anniversary of Ryanair’s Edinburgh base, as well as 33 million passengers and its record-breaking Edinburgh schedule for Summer ‘23, the airline has launched a special seat sale with fares from £29.99 for travel between July and Sept available only at Ryanair.com.

BBAM Orders 12 Additional 737-800 Boeing Converted Freighters

July 12, 2021 / WIL BALDWIN

Boeing [NYSE: BA] and BBAM Limited Partnership (BBAM) today announced that the lessor is expanding its 737-800 Boeing Converted Freighter fleet with 12 additional firm orders. The agreement brings BBAM’s 737-800BCF orders and commitments to 31 as e-commerce and express cargo markets continue to drive strong customer demand for freighters.

BBAM will be the first customer to have a 737-800BCF converted at Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA), a Costa Rica-based maintenance, repair and overhaul (MRO) provider. In May, Boeing announced it would open two conversion lines at COOPESA in 2022.

In a separate deal announced in January, BBAM placed six firm orders and six options for the 737-800BCF. The 737-800BCF has won more than 200 orders and commitments from 16 customers.

BBAM is the world’s largest dedicated manager of investments in leased commercial jet aircraft providing over 200 airline customers in more than 50 countries with fleet and financing solutions over the last three decades, and the only significant manager in sector focused exclusively on generating investment returns on third party capital. With more than 500 aircraft under management, BBAM employs over 150 professionals at its headquarters in San Francisco and offices around the world, located in New York, London, Tokyo, Singapore, Zurich, Dublin and Santiago. BBAM is a full-service lessor and maintains its own in-house capabilities encompassing aircraft origination, disposition, lease marketing, technical maintenance, regulatory compliance, capital markets activity, tax structuring, legal, contracts and finance, for all asset types and strategies.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com

Date Announced for the 2022 Aer Lingus College Football Classic

May 27, 2021 / WIL BALDWIN

A joint announcement in the US and Ireland has today revealed that Northwestern University (Wildcats) will take on the University of Nebraska (Cornhuskers) in the Aviva Stadium on Saturday, 27 August 2022. The Aer Lingus College Football five-game series was due to start in 2020 but was disrupted due the pandemic so this announcement is a significant milestone in getting the series back on track.

This is the first time that either team has ever travelled to play in Ireland and so, were thrilled to accept the invitation to take to the field and open the 2022 College Football Season at the world-famous Aviva Stadium. Nebraska was set to travel to Dublin later this summer for their game against Illinois, however, it was postponed because of Covid-19.

As Nebraska is one of the most successful American College Football teams in history, and with such strong Irish ties to the city of Chicago where the Wildcats are based, the game is sure to be a huge draw to sports fans here in Ireland as well as across the US and Europe. It is expected that it will also generate a massive €63million for the Irish Economy next year, providing a much-needed boost for the country’s Tourism and Hospitality sectors.

The wholly anticipated fixture is scheduled for week zero, and as both teams are a part of the famed Big Ten Conference, over 18,000 US fans and 5,000 European fans are expected to travel for the game that will be a major international, post-covid event for Ireland. The Series principal stakeholders are Aer Lingus, Failte Ireland, Tourism Ireland and Dublin City Council.

Ticketing / Hospitality & Travel Packages

Hospitality packages for the 2022 game are on sale now through the official corporate hospitality game partner Corporate.ie. Travel packages are on sale through the official travel partner On Location in partnership with Abbey Group Ireland. Corporate group ticketing opportunities will also be launched towards the end of the year. General ticketing information to be released in due course, with a pre-sale sign-up option available on the official game website.

Dubai Aerospace Enterprise Orders 15 Boeing 737 MAX Jets

April 20, 2021 / WIL BALDWIN

SEATTLE, April 20, 2021 /PRNewswire/ — Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance.

The order will appear on Boeing’s Orders and Deliveries website once finalized.

Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to deepen our already strong relationship with Boeing. Including this order, we own and manage 162 Boeing aircraft. An increasing number of global aviation regulators are returning the MAX to the skies. We are confident in the success of these aircraft as domestic and regional air travel are seeing strong signs of recovery.”

The new purchase is DAE’s second investment in the 737 MAX in the past year. In the third quarter of 2020, the lessor signed an agreement with American Airlines to purchase and lease back 18 new 737-8 airplanes. Since the agreement, the lessor has delivered 17 of the jets to the U.S. carrier. DAE previously completed a similar purchase-leaseback deal with Brazilian carrier GOL for five 737-8s.

“DAE has been instrumental in helping its customers realize the operating economics and environmental performance of the 737-8. We are delighted that they have come back to add more 737 aircraft to its growth plan as it positions itself for the recovery in commercial passenger traffic,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. “We are honored by DAE’s trust in the 737 family and we look forward to partnering with them to serve the fleet requirements of airlines around the world.”

The 737-8 is a member of the 737 MAX family which is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The airplane can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, using 16% less fuel and significantly reducing CO₂ emissions and operating costs.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Dubai Aerospace Enterprise (DAE) Ltd. is a global aviation services company headquartered in Dubai. DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. DAE’s Engineering division serves customers in Europe, Middle East, Africa and South Asia from its state-of-the-art facility accommodating up to 15 wide and narrow body aircraft. It is authorized to work on 13 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.

BBAM Adds Up to 12 737-800 Boeing Converted Freighters

January 19, 2021 / WIL BALDWIN

Boeing [NYSE: BA] and BBAM Limited Partnership today announced the lessor is expanding its 737-800 Boeing Converted Freighter fleet with six firm orders and six options. The agreement brings BBAM’s 737-800BCF orders and commitments to 15 and highlights the continued strength of the e-commerce and express cargo market.

“As we look ahead to expanding our cargo fleet, the 737-800 Boeing Converted Freighter provides the performance and efficiency our customers need,” said Steve Zissis, CEO of BBAM. “Adding these highly capable freighters to 276 Boeing airplanes in our managed fleet helps to further strengthen our leadership position in the marketplace.”

Based on the popular Next-Generation 737, the 737-800BCF is meeting customer demand for a newer-generation freighter that offers higher reliability and lower fuel consumption and operating costs per trip compared to other standard body freighters. Primarily used to carry express cargo on domestic or short-haul routes, the airplane is capable of carrying up to 23.9 tonnes (52,800 pounds) and flying up to 2,025 nautical miles (3,750 kilometers). Since entering service in 2018, the 737-800BCF has won more than 150 orders and commitments.

“BBAM is one of the industry’s leading full-service leasing companies and has built their reputation on smart investments. We are honored that BBAM has selected more 737-800BCFs, based on the success of our standard body freighters in their portfolio,” said Ihssane Mounir, Boeing’s senior vice president of Commercial Sales and Marketing. “The continued strong demand for the 737-800BCF demonstrates the critical role these converted freighters play in the growing express and e-commerce market.”

BBAM is the world’s largest dedicated manager of investments in leased commercial jet aircraft, providing over 200 airline customers in more than 50 countries with fleet and financing solutions over the last three decades. BBAM is the only manager in the aircraft leasing industry focused exclusively on generating investment returns for third-party investors. BBAM currently has more than $28 billion of assets under management and employs over 150 professionals at its headquarters in San Francisco and in additional offices in Tokyo, Singapore, Zurich, Dublin and Santiago. For more information about BBAM, please visit its website at www.bbam.com.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries and leverages the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Fly Leasing Closes New $180 Million Term Loan

October 16, 2020 / WIL BALDWIN

DUBLIN, Ireland – Fly Leasing Limited (NYSE: FLY), a global leader in aircraft leasing, today announced it has closed a new $180 million Term Loan (the “2020 Term Loan”). The interest rate on the five-year term loan is LIBOR plus 6.00% with a 1.00% LIBOR floor. The financing was issued at an original issue discount of 4.5%. The 2020 Term Loan will be secured by 11 narrowbody aircraft owned by FLY and its subsidiaries, four of which are unencumbered and seven of which are currently financed in FLY’s 2012 Term Loan. The proceeds will be used for general corporate purposes.

“FLY is enhancing its liquidity position with the successful completion of a new $180 million term loan that attracted strong demand from a robust group of institutional lenders,” said Colm Barrington, CEO of FLY. “FLY does not have any aircraft orders or other foreseeable capital commitments. Additionally, FLY only has three aircraft remaining to be remarketed in 2020, representing 2.4% of net book value.”

Following completion of the financing of the collateral pool under the 2020 Term Loan and the anticipated transfers of certain unencumbered aircraft into the 2012 Term Loan, FLY will have a total of nine unencumbered narrowbody aircraft with a net book value of $204 million.

Alstom Delivers New Tramways for Dublin, Ireland

August 2, 2020 / WIL BALDWIN

55 meters: the longest Citadis tram in the world
Up to 98% recyclable
Alstom will extend 26 existing vehicles

Alstom has delivered the first of eight new Citadis tramways to Dublin, as part of a partnership with Transport Infrastructure Ireland (TII) and the National Transport Authority (NTA) that will also see it extend 26 existing vehicles.

The first of the new trams, manufactured in La Rochelle, have been shipped to Ireland and assembled in Transdev’s Sandyford depot. The first two new Citadis tramways will enter service today.

The eight newly-ordered tramways will be 55 meters long, the longest single unit Citadis trams in the world, offering more capacity to support demand in Dublin’s rush hour. Each of the 26 extended trams will also be 55 metres (from 43 metres currently).

Alstom has also agreed with TII and the NTA to fit its new eMapping technology to some of Dublin’s tramways fleet. By the end of the year, four tramways in the city will be fitted with remote sensors that compile data on energy usage. Alstom and TII are aiming to reduce energy consumption on Dublin’s tramways through a series of energy efficiency measures.

More than 2,600 Citadis tramsets have been sold to over 50 cities in five continents. They have been in operation since 2000. This experience enables Alstom to innovate, offering greater comfort for passengers and simplified commercial management for operators. Citadis is environmentally friendly being up to 98% recyclable.

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