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    RYA   IE00BYTBXV33

RYANAIR HOLDINGS PLC

(RYA)
  Report
Real-time Irish Stock Exchange  -  11:30:28 2023-01-31 am EST
14.86 EUR   -1.91%
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Ryanair in talks to expand into Egypt and Libya, CEO says

11/29/2022 | 11:45am EST
FILE PHOTO: Ryanair Chief Executive Michael O'Leary holds a news conference in Budapest

DUBLIN (Reuters) - Europe's largest airline by passenger numbers, Ryanair, is in talks with authorities in Egypt and Libya about operating flights to the countries for the first time, Chief Executive Michael O'Leary said on Tuesday.

Ryanair's only flights outside of Europe currently are to and from Morocco, Israel and Jordan.

Its Hungary-based rival Wizz, which flies to Egypt and Morocco, has also been expanding aggressively into the Middle East, flying 36 routes from Abu Dhabi on its Wizz Air Abu Dhabi joint venture.

"We're talking to the Egyptians, the Libyans," O'Leary told a Eurocontrol event, without giving any more details.

O'Leary added that Ryanair would be the first airline to return to Ukraine when it is safe to do so. Ryanair was one of the largest foreign airlines in Ukraine before it suspended all of its flights following Russia's invasion in February.

(Reporting by Padraic Halpin; editing by David Evans)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
RYANAIR HOLDINGS PLC -1.91% 14.855 Real-time Quote.24.04%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.67% 70.08 Delayed Quote.-4.54%
WIZZ AIR HOLDINGS PLC -2.56% 2660 Delayed Quote.39.67%
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Analyst Recommendations on RYANAIR HOLDINGS PLC
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Financials
Sales 2023 10 678 M 11 597 M 11 597 M
Net income 2023 1 297 M 1 409 M 1 409 M
Net Debt 2023 542 M 589 M 589 M
P/E ratio 2023 13,2x
Yield 2023 -
Capitalization 16 915 M 18 372 M 18 372 M
EV / Sales 2023 1,63x
EV / Sales 2024 1,37x
Nbr of Employees 21 000
Free-Float 95,9%
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Technical analysis trends RYANAIR HOLDINGS PLC
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 17
Last Close Price 14,86 €
Average target price 18,88 €
Spread / Average Target 27,1%
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Managers and Directors
Michael OĺLeary Chief Executive Officer & Executive Director
Neil Sorahan Treasurer
Stan McCarthy Non-Executive Chairman
John Hurley Chief Technology Officer
Louise Phelan Senior Independent Non-Executive Director
Sector and Competitors