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Old 19th Sep 2017, 10:06
  #136 (permalink)  
mik3bravo
 
Join Date: Jul 2015
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Originally Posted by oldart
Passengers will soon forget about this episode and take a chance and book with Ryanair again and and again.
Of course they will. Customers are fickle minded on many consumer characteristics, not exclusively reserved to the airlines. Did Volkswagen see diesel car sales fall off that metaphorical cliff. Did the European high street banks implode following their predatory and irresponsible mortgage lending strategies that lead to the 2008 meltdown.
The consumer carries on.

Ryanair is extremely cash rich with high cash liquidity ratios. It is a powerful business operation and this latest challenge is an unfortunate event but one it will survive and continue growing. It's business model (whilst not for everyone) consistently delivers shareholder investment value and a major employer across Europe. That is the bigger picture.

MOL was upfront, said it as it is, facts and figures, the guy knows his numbers well, very well. The rostering dept on the other hand, well let's just say I would not like to be the leadership of that function, such basic ops stuff to get wrong.
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