PPRuNe Forums - View Single Post - Ryanair - 'Laying Off' 600!!
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Old 16th June 2008 | 12:27
  #71 (permalink)  
Chocks Wahay
 
Joined: Jun 2000
Posts: 156
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From: www.chinook-justice.org
The Ryanair business model was never, ever going to be sustainable, as I've said on numerous occasions.

For the record, that model is:

1. Sell product below cost of production.

2. Drive competitors out of business.

3. Profit!
It worked just fine for Stagecoach. As long as you've got plenty cash in the bank, which isn't one of Ryanair's problems, it's perfectly valid. Just not nice
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