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Posted by MaxMarioni on 8 October 2017, 9:23 PM

Ryanair HR Crisis Hits Stock Price

Low-cost airline carrier Ryanair Holdings Plc (RYA:LN) has been hit hard by a crisis involving personnel scheduling, which has left several hundred flights grounded since September, and thousands of passengers stranded. Ryanair has been cancelling 40 to 50 flights a day during a six-week period, effectively ordering pilots to go on leave in order to address legal requirements for staff holidays. The carrier has fallen foul of Irish authorities because it has neglected ensuring that its pilots take all the vacation time they are eligible for, as required by law. In this way the carrier has accumulated a huge backlog of vacation hours, which the regulator has demanded needs to be eliminated by the end of the year. (Read more)

Posted by MaxMarioni on 8 October 2017, 9:22 PM

Ryanair HR Crisis Hits Stock Price

Low-cost airline carrier Ryanair Holdings Plc (RYA:LN) has been hit hard by a crisis involving personnel scheduling, which has left several hundred flights grounded since September, and thousands of passengers stranded. Ryanair has been cancelling 40 to 50 flights a day during a six-week period, effectively ordering pilots to go on leave in order to address legal requirements for staff holidays. The carrier has fallen foul of Irish authorities because it has neglected ensuring that its pilots take all the vacation time they are eligible for, as required by law. In this way the carrier has accumulated a huge backlog of vacation hours, which the regulator has demanded needs to be eliminated by the end of the year. (Read more)

Posted by MaxMarioni on 8 October 2017, 9:21 PM

Ryanair HR Crisis Hits Stock Price

Low-cost airline carrier Ryanair Holdings Plc (RYA:LN) has been hit hard by a crisis involving personnel scheduling, which has left several hundred flights grounded since September, and thousands of passengers stranded. Ryanair has been cancelling 40 to 50 flights a day during a six-week period, effectively ordering pilots to go on leave in order to address legal requirements for staff holidays. The carrier has fallen foul of Irish authorities because it has neglected ensuring that its pilots take all the vacation time they are eligible for, as required by law. In this way the carrier has accumulated a huge backlog of vacation hours, which the regulator has demanded needs to be eliminated by the end of the year. (Read more)

The owner of British Airways, International Airlines Group (IAG), is the giant of European skies, born from the merger of Iberia and British Airways: its portfolio includes Aer Llingus and Vueling as well. This aviation behemoth has announced it is suffering from the sterling depreciation induced by the Brexit vote, and has launched a new profit warning. The group reports its earnings in Euro but the majority of its revenue is generated through British Airways, and hence its income is mainly in sterling. The London-based company forecasts that it will end the fiscal year with an anticipated operating profit of about 2.5 billion Euros ($2.7 billion), an increase of about 7% from the 2.34 % reported last year. (Read more)

Other Insights on Related Shares: IAG.L

Easyjet has had a very up and down year on the market, having a 52-week range of 1,521.00 – 1,929.00 and losing 20% of its value since its April rally and closing with 1612.00 on Friday 15th January. However its stock performance is more to be seen in conjunction with the general ills plaguing the sector rather than some event affecting Easyjet per se: last week it closed with – 1.83% which is in line with the sectoral average of -1.75%. Certainly, the budget airliner, which last year turned twenty years old, suffered a fierce dip at the end of November from the fallout of the Paris terrorist attacks. As a result, the market depreciation means it is a cheaper stock to buy, with potential to return to its former glory provided geopolitical tensions and the changing price of oil don't mess things up. (Read more)

Other Insights on Related Shares: EZJ.L
Related Shares: Easyjet Share Price
Posted by MaxMarioni on 7 December 2015, 7:20 AM

High Flyer of the Week: Thomas Cook Group

In a remarkable turnaround, Thomas Cook Group PLC (TCG.LN) has gained the headlines last week by staging a record rise in the value of its shares. Stocks in the travel company rocketed up by almost 11% to 107.7p, its highest increase in a single day’s trading since March and the highest overall increase in the FTSE 250 index on that day (Wednesday 25th November). The stock continued to climb to 117.90p on the close of Friday 27th November. The surge in value of the travel agent was driven by the publication of its annual profits which revealed the group had netted £19 million pounds in after tax profits. It was the first profit recorded by the company in five years and compares especially well with last year’s results, when the group posted a loss of £115m.

  (Read more)

Topics: Tourism
Other Insights on Related Shares: TCG.L
Related Shares: Thomas Cook Share Price