PPRuNe Forums - View Single Post - Ryanair cancel flights due to pilot shortage?
Old 19th Jan 2006, 11:10
  #67 (permalink)  
sky9

Keeping Danny in Sandwiches
 
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eticket provided some useful information and has hit the nail on the head (ABM Amro are you reading). It is becoming increasingly clear that like its employees, passengers are simply an inconvenience to be put up with on the way to making money. The key to Ryanair's profitability is subsidy from airports and the generation of income from Sale and Leaseback of aircraft (the accounts are "stumm" on the matter). When the yield on a particular flight is low, it is simply cancelled.
I suspect that the other concern coming up fast in the rear view mirrors is the “clever idea” of starting the 900hrs from April 1st. Unlike the rolling 900hrs. agreements common throughout the industry this one is going to start hitting in a big way all at once. Except of course the IAA will turn over and have its tummy tickled.
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