Ryanair - 6
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Ryanair - large order to come - newspaper article
From the Irish Independent:
Ryanair orders 400 new planes despite bleak outlook for airlines
By Joe Brennan and Laura Noonan
Thursday August 07 2008
Ryanair, which warned last week it could be heading for its first loss since 1989, yesterday confirmed its next plane order will be for up to 400 aircraft, marking the company s largest fleet deal.
The news comes months after Ryanair began talks on the deal with the world's two largest planemakers, Airbus and Boeing.
Group chief executive Michael O'Leary said in an interview with the German newspaper Sueddeutsche Zeitung that an order could lead to the start of plane deliveries from 2013, after Ryanair s current order book expires.
"New aircraft are about half as expensive as they were a few years ago", as a result of the weaker US dollar, Mr O'Leary said.
While Ryanair has only dealt with Seattle-based Boeing to date, he said: "It is also manageable for us to give the order to Airbus."
Ryanair's fleet currently stands at 166 planes. It is set to grow to 195 by March 2009 and 265 by March 2012 as the result of a fleet replacement and addition programme linked to its opportunistic plane deal with Boeing in the wake of the September 11 attacks.
Mr O'Leary did not indicate to the German newspaper a period over which it plans to acquire the planes, and a spokesman yesterday declined to give an approximated timeframe to this newspaper.
Analysts said, however, that the significance of a deal largely depends on the timescale involved.
"Ryanair replaces planes every eight years. If they were talking about buying 400 between 2012 and 2020, that would equate to 265 replacements and 135 additions -- representing fleet growth of about 10pc a year," said one.
"If they were planning to take in over 400 planes over three years, that'd be much more significant."
Another industry observer said Ryanair was "very unlikely" to be able to secure its next plane orders at the same discount as the 2001 order.
This would lead to a significant step up in cost base.
- Joe Brennan and Laura Noonan
Ryanair orders 400 new planes despite bleak outlook for airlines
By Joe Brennan and Laura Noonan
Thursday August 07 2008
Ryanair, which warned last week it could be heading for its first loss since 1989, yesterday confirmed its next plane order will be for up to 400 aircraft, marking the company s largest fleet deal.
The news comes months after Ryanair began talks on the deal with the world's two largest planemakers, Airbus and Boeing.
Group chief executive Michael O'Leary said in an interview with the German newspaper Sueddeutsche Zeitung that an order could lead to the start of plane deliveries from 2013, after Ryanair s current order book expires.
"New aircraft are about half as expensive as they were a few years ago", as a result of the weaker US dollar, Mr O'Leary said.
While Ryanair has only dealt with Seattle-based Boeing to date, he said: "It is also manageable for us to give the order to Airbus."
Ryanair's fleet currently stands at 166 planes. It is set to grow to 195 by March 2009 and 265 by March 2012 as the result of a fleet replacement and addition programme linked to its opportunistic plane deal with Boeing in the wake of the September 11 attacks.
Mr O'Leary did not indicate to the German newspaper a period over which it plans to acquire the planes, and a spokesman yesterday declined to give an approximated timeframe to this newspaper.
Analysts said, however, that the significance of a deal largely depends on the timescale involved.
"Ryanair replaces planes every eight years. If they were talking about buying 400 between 2012 and 2020, that would equate to 265 replacements and 135 additions -- representing fleet growth of about 10pc a year," said one.
"If they were planning to take in over 400 planes over three years, that'd be much more significant."
Another industry observer said Ryanair was "very unlikely" to be able to secure its next plane orders at the same discount as the 2001 order.
This would lead to a significant step up in cost base.
- Joe Brennan and Laura Noonan
So in the same week hes announced hes going to go toe to toe with the BAA saying he can't afford to pay their fee increase because of the downturn in the global economy, he also announces hes hoping to pick up 400 A/C on the cheap because of the downturn in the global economy
Join Date: Feb 2005
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And STN is not London. It is Cambridge
On that note Luton is Bedfordshire, Gatwick is West Sussex and Heathrow is Middlesex. Only City can claim as being E16 which is London.
Anyhow this has been covered too many times, but Stansted is definately not in Cambridgeshire.
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when things look bleak MOL will try to spin a bright outlook. Who is MOL going to be able to sell 265 off 737-800 (ryanair spec) to over the next few years. He currenly offloads a dozen a year to airlines that he is trying to put out of business.
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You have to hand it to 'Laura'. She has managed to transform what Ryanair 'might' do, according to the Der Spiegel article, into seemingly hard news by inserting the word 'confirmed' into the report. Of course, no such order is 'confirmed'. They only 'confirmed' that they 'might' do it. Just the ticket, though, to distract the attention of investors from the recent litany of bad news and enough to give a lift to the share price from this week's low of €2.21. Good girl Laura. You're worth your weight in gold.
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Well, here we go again. The next episode of wrangeling...
Thousands of passengers stranded again, because MOL detests all intermediaries. Anybody can explain that (Freud expert could help perhaps)?
The quotation source: RTÉ News
Up to 1,000 Ryanair passengers a day could find themselves stranded without flights as a result of an aggressive new policy at the airline to combat intermediary websites who offer flight bookings.
The low-cost airline is to start cancelling bookings which have been made on so called 'screen scrapers' from Monday.
Ryanair CEO Michael O'Leary said that about 1,000 bookings are made with Ryanair via these websites each day.
'We are free to cancel a booking,' he said a press conference in London at which he announced a massive seat sale. 'We want to cause as much chaos for the screen scrapers as possible.'
Screen scrapers are websites which compare costs from different airlines, and can also be used to book flights. Asked what will happen to people who have booked on these sites, Mr O'Leary said: 'They won't be flying.'
He said that passengers are 'getting stiffed' on these sites, which usually charge more than fares quoted on Ryanair.com.
Ryanair will refund the cost of the flight to the intermediary website. In such bookings, Mr O'Leary said, Ryanair does not deal directly with passengers, nor does it have e-mail addresses for them.
Passing the refund on - and refunding the cost which the intermediary site charged - will be left up to that site.
The low-cost airline is to start cancelling bookings which have been made on so called 'screen scrapers' from Monday.
Ryanair CEO Michael O'Leary said that about 1,000 bookings are made with Ryanair via these websites each day.
'We are free to cancel a booking,' he said a press conference in London at which he announced a massive seat sale. 'We want to cause as much chaos for the screen scrapers as possible.'
Screen scrapers are websites which compare costs from different airlines, and can also be used to book flights. Asked what will happen to people who have booked on these sites, Mr O'Leary said: 'They won't be flying.'
He said that passengers are 'getting stiffed' on these sites, which usually charge more than fares quoted on Ryanair.com.
Ryanair will refund the cost of the flight to the intermediary website. In such bookings, Mr O'Leary said, Ryanair does not deal directly with passengers, nor does it have e-mail addresses for them.
Passing the refund on - and refunding the cost which the intermediary site charged - will be left up to that site.
The quotation source: RTÉ News
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'We are free to cancel a booking,' he said a press conference in London at which he announced a massive seat sale. 'We want to cause as much chaos for the screen scrapers as possible.'
THE START OF LOWEST FARE TRAVEL!!!
The same ones were £1 last week, £10 at the start of the week and £5 now.
Someone mentioned a week or so ago that they thought FR's fares were now inelastic, I am inclined to agree.
Given the fact that the free or £1 sales are coming round some much more often, more and more people will catch onto this fact and only ever purchase when the fares are free or £1.
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Join Date: Feb 2004
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RIP MOLs big ideas
Haha...MOL wants STN & EIN, and will get neither - what a shame !
Better draft another set of more realistic targets...hows about Cambridge and Aer Arran instead.
Better draft another set of more realistic targets...hows about Cambridge and Aer Arran instead.
Join Date: Dec 2005
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Here's a novel idea. How about keeping his mouth shut. Sick to death of this arsehole making stupid announcements to the press who are just too willing to publish any rubbish he comes out with.....
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And now they're taking out an injunction against TUI for screen scraping - which is being denied so a nice job for the legal teams is on the horizon.
He regards the facility as an '..unnecessary barrier between the consumer and the airline...' - or maybe another way, is the client who pays direct just better for the cashflow then?
And the inflight mobile phone service is announced to be due to start on 10 flights out of Dublin from next week - wonder what the access charges and use of airtime will work out at for the user?
He regards the facility as an '..unnecessary barrier between the consumer and the airline...' - or maybe another way, is the client who pays direct just better for the cashflow then?
And the inflight mobile phone service is announced to be due to start on 10 flights out of Dublin from next week - wonder what the access charges and use of airtime will work out at for the user?
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Here's a little about it:
Ryanair to launch in flight mobile phones next week : Stansted Airport News Stories
Ryanair to launch in flight mobile phones next week : Stansted Airport News Stories
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Nickmo, if you could buy something direct from the vendor, rather than paying someone 20% extra to do it for you, what would you do?
Oh, yes, of course, you'd pay the extra. Silly me!
Van Bosh, pray tell how there would there be competition issues with RYR owning an airport? Seems like a good idea to me, if he will halve the landing fees then I suspect some people would support the idea.
Oh, yes, of course, you'd pay the extra. Silly me!
Van Bosh, pray tell how there would there be competition issues with RYR owning an airport? Seems like a good idea to me, if he will halve the landing fees then I suspect some people would support the idea.
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If MOL buys STN then he will, almost overnight, cut the queues, both outbound and inbound, little or no delays on taxying and departure, he`ll show em up and make it look easy
Er how????...Oh he`ll just jack the landing fees up, out of sight, for everybody else and refuse rights to Aer Arran and others he doesnt like
Simple really..............................just like him...
Er how????...Oh he`ll just jack the landing fees up, out of sight, for everybody else and refuse rights to Aer Arran and others he doesnt like
Simple really..............................just like him...
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Ryanair open to Airbus as need for single-type fleet lessens
Irish budget carrier Ryanair has turned to Airbus for a possible fleet-renewal agreement, after failing to obtain suitable terms from Boeing, although neither airframer has yet offered a proposal to satisfy the airline.
Ryanair is looking at options for fleet development beyond 2013, and chief executive Michael O’Leary indicated to ATI yesterday that a deal could encompass 200 firm aircraft and options on 200 more.
While the carrier exclusively operates Boeing 737-800s, and still has dozens of the type on order, O’Leary says Ryanair has reached such a size that the benefits of a single-type fleet can be outweighed by other cost considerations.
We’d prefer to go with whoever’s going to give us aircraft that are $10 per seat cheaper,” he states. Rival EasyJet already operates Airbus A320-family aircraft alongside its own 737s.
Ryanair has been discussing proposals with Airbus, after holding earlier talks with Boeing, but O’Leary insists that both airframers’ prices are “too high”.
He says that “very few” of the aircraft covered by the future order would be used for replacing the current fleet, adding: “Most would be for organic growth.”
Ryanair is looking at options for fleet development beyond 2013, and chief executive Michael O’Leary indicated to ATI yesterday that a deal could encompass 200 firm aircraft and options on 200 more.
While the carrier exclusively operates Boeing 737-800s, and still has dozens of the type on order, O’Leary says Ryanair has reached such a size that the benefits of a single-type fleet can be outweighed by other cost considerations.
We’d prefer to go with whoever’s going to give us aircraft that are $10 per seat cheaper,” he states. Rival EasyJet already operates Airbus A320-family aircraft alongside its own 737s.
Ryanair has been discussing proposals with Airbus, after holding earlier talks with Boeing, but O’Leary insists that both airframers’ prices are “too high”.
He says that “very few” of the aircraft covered by the future order would be used for replacing the current fleet, adding: “Most would be for organic growth.”
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One potential diagnosis
Taken from the Penguin Dictionary of Psychology;
PSYCHOPATHIC PERSONALITY A personality disorder characterised by amorality, a lack of affect (emotionality) and a diminished sense of anxiety and/or guilt associated with commission of transgressions.
PSYCHOPATHIC PERSONALITY A personality disorder characterised by amorality, a lack of affect (emotionality) and a diminished sense of anxiety and/or guilt associated with commission of transgressions.