Ryanair Holdings Dividend 2024

Ryanair Holdings Plc. is an Irish airline, which specializes in offering low-cost services, with routes in almost all of Europe, although it has had some legal and financial problems and has been accused of misleading advertising, it is considered one of the most profitable airlines in the world.

It was founded in 1985 by Tony Ryan, starting with a small plane that flew the route from Waterford to London Gatwick, competing with British Airways and Aer Lingus, opening a second route in 1986 that went from Dublin to London-Luton, transporting 82,000 passengers that year.

In 1991, despite an increase in the number of routes and customers, it had to restructure due to a severe financial crisis, copying the strategy of lowering fares, eliminating the business class, closing some additional services and eliminating some routes, managing to recover in four years.

They made several acquisitions, launching bases in various European countries such as Germany, Spain, United Kingdom and France, including Colombia in 2016, thus reaching South America.

They currently operate in 40 countries, in more than 230 airports, making nearly 3,000 flights a day, and have invested 22 billion dollars in the acquisition of 210 Boeing 737-8200 aircraft, which reduce fuel consumption by 16% and emit 40% less noise.

It offers 2000 routes, among its most popular destinations are mainly Dublin-London, but also connects with Alicante, Reus, Lanzarote, Palma de Mallorca Madrid, Porto, Charleroi, Malaga, Seville, Tenerife, Gran Canaria, Gerona, Santiago de Compostela, Valencia, Frankfurt, Bergamo, Glasgow, Rome, Shannon and Nyköping.