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Old 3rd Aug 2019, 07:45
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BACsuperVC10
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Originally Posted by eye2eye5
The answer to where the axe may fall lies in MOL's new bonus targets. Specifically, he needs to grow Ryanair's net income and push the share price. That probably means an end to growing passenger numbers at nominal income, he needs to focus on profitable routes. That's already apparent in the closing of SXF-CGN and all but pulling BFS- MAN. Routes which have high load factors but low yields are at risk. Possibly routes where RYR is in competition with easyJet and Wizz may be considered as being under threat as they probably depress yield. If MOL is truly driven by net income - which in turn will drive the share price - he will not be afraid of conceding sub optimal routes to his rivals, which may have been anathema in the past.
I think MAN to FRA also pulled.
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