PPRuNe Forums - View Single Post - Ryanair downsizing
View Single Post
Old 5th Aug 2019, 09:38
  #68 (permalink)  
1+F
 
Join Date: Oct 2002
Location: Cyprus
Posts: 25
Likes: 0
Received 0 Likes on 0 Posts
These guys will never change. The company is sitting on massive reserves and can withstand a lot of turbulence and is still making big profits.

However it is all about the bottom line and what the shareholders, especially the big shareholders, want to put in their pockets and it does not include employee happiness. Their policy is that the ATO feeds the right seat, the right seat feeds the left seat and the DECs make up the shortfall. This mean a continuous outward flow and that has stopped.

Do not forget Malta Air a new separate company that looks set up to assume routes from the mainline company and probably with different T and Cs. I was a part of them for a fews years and RYR should have been a company everybody was rushing to join but that is not their game.
1+F is offline