PPRuNe Forums - View Single Post - Ryanair to cut 3,000 jobs
View Single Post
Old 6th May 2020, 22:15
  #60 (permalink)  
FlightDetent

Only half a speed-brake
 
Join Date: Apr 2003
Location: Commuting not home
Age: 46
Posts: 4,321
Received 3 Likes on 3 Posts
Originally Posted by cashash
I would suggest that if there were a market for seat prices to be 150% higher then someone would have filled that demand by now.
The competition over here works the other way around. As long as airlines are happy to offer $50 fares, people, of course, accept them. Pitching a ride for 125 is then pointless. In your original example, the increased 125 USD fare is something, that in my opinion, the travelling public could absorb almost within total journey cost as it is today. That cash is already being carried and thrown around.

Since this thread is RYR labelled, let's not forget this particular company and a few keen learners have 40% less cost per crew due to avoidance of proper social security contributions. If they need to increase to 150 USD, but the fully legal employers up to 225 to keep the numbers black, we do not need to wait and see to understand what will happen.

Last edited by FlightDetent; 7th May 2020 at 00:36.
FlightDetent is offline