Er, no it doesn't. I work for a no frills carrier and know full well that a full aircraft does not necessarily mean a sound business. There is far far more to it than that. The whole low cost model is based around the development of other revenue streams and ancilliary spending alongside cutting unnecessary cost out of the actual flying operation. I believe i'm right in saying that Ryanair make very little money from the selling of tickets for transport from A to B.
Which is exactly what I said in my post
topslide. I'm sorry but I don't understand your argument on this one - you are contradicting yourself. The development of revenue streams are all linked to high load factors, ryanair get away with making very little on ticket sales by filling the aircraft and selling to a captive audience. I'm not suggesting all a carrier has to do is fill its a/c, but a full aircraft means maximum opportunity to exploit said revenue streams.