Online travel agent On The Beach says it will continue to “pursue Ryanair for further sums”, after winning a £2 million court case over refunds for flights cancelled by the low-cost airline.
On The Beach was awarded £2 million in October after it said it had to refund customers’ flights as Ryanair did not do so.
“This common-sense outcome should not have taken a protracted and expensive legal process to resolve,” it said.
The travel agent said it had been forced to pay more refunds since the case began, and it was now trying to chase claims for these.
Ryanair itself took legal action against On The Beach in 2010 over an intellectual property dispute, but the case has still not progressed to court. On the Beach says “final resolution of the dispute might take some time”.
Ryanair did not respond to a request for comment.
The travel agent also revealed its profits increased sixfold to £12.9 million in the year to 30 September. The shares gained 17.6p, or 15%, to 135p.
CEO Shaun Morton said: “"I am pleased with the Group's incredibly strong performance this year.
This year we have seen the majority of consumers protect - not sacrifice - their holiday, a trend that our research shows will continue.
“ We are already seeing this with strong momentum into the new financial year with TTV up 26% for the first nine weeks of FY24 and Winter FY23 bookings up 34%.
"We approach our key booking period in Q2 with significant momentum and this gives us confidence that Summer '24 will be significantly ahead of Summer '23."
