Originally Posted by
racedo
Easyjet full year results expected to be between £200-230 Million (their guidance) on 54.5 Million passengers (Actual pax numbers) or roughly £4 per passenger
Ryanair full year results expected to be around £400 million (their guidance) on passenger number on roughly 79 million passengers or roughly £5 per passenger.
Easyjet fares are roughly £11 (26%) per passenger more than Ryanair yet they still make less.
And I wonder how much of either of those profit figures is made up of subventions from airports/chambers of commerce/regional governments?
I have the sense that
- a significant amount of this subvention/subsidy/"marketing support" is in contravention of EC directives (not degressive, not limited to 3 years)
- Ryanair relies more on this revenue stream than easyJet
This makes me feel that the Ryanair £5 per passenger is perhaps less robust than the easyJet £4 per passenger.
But I am open to correction on both of the above assumptions.