Ryanair - 6
er racedo is this information in the public domain? Link please 
Either that or for someone who assures us he doesn't work for Ryanair you seem remarkably up to speed....
That IS a good price I agree given how heavily used and basic these 737s are.
Either that or for someone who assures us he doesn't work for Ryanair you seem remarkably up to speed....That IS a good price I agree given how heavily used and basic these 737s are.
"Gross cash increased by €221.9m to €2,500.1m. The Group generated cash from operating activities of €291.8m and a further €65.6m from the sale proceeds of three Boeing 737-800 aircraft, which together partially funded capital expenditure in the quarter."
http://www.ryanair.com/site/about/in...1_2010_doc.pdf
Why have Ryanair written off the Aer Lingus stake? They still have it - and Aer Lingus haven't disappeared? What exactly have they done and what does it mean (please forgive that I don't understand what they have done)
Welcome
The reason they write them down is the value of the shares has declined so Stock Exchange rules require a company to revalue the shares down to their true value as that is they value they will receive if the shares are sold, the decline must be reported against profit, however if the share price recovers the company cannot show a profit.
It stops a company claiming that an asset they hold is worth more than it is giving an incorrect impression to potential investors.
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Easyjet results show you can rise income
today Easyjet reported its Q3 results. The income per seat has increased by 9.3% as it now gets £60.72p per pax. Unlike ryanair it is growing slowly but getting greater turnover. Next year Easyjet could be the only airline making a profit in europe.
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The figure quoted on the Easyjet website is 'total revenue per seat increased by 10.9% to £51.42'. The statement also points out that the rise is linked to Easter being in Q3 this year. You also need to take into account the greater number of long routes to Greece, Turkey, Eygpt etc. But Easyjet does have a better route network and a better product and can charge more than Ryanair.
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So 39 new routes from the Canary Islands. It doesnt say they will become bases but does say the aircraft will switch from Uk/Ireland so I assume they will be based there temporarily.
The glitch for the islands is that they say these routes are utilising the zero taxes and 100% discounted fees offered by Spanish Government, but if these are changed after the winter the routes will be removed.
So basically we will use the airport for free and if things improve and you try charge us a cent we will pull out.
The glitch for the islands is that they say these routes are utilising the zero taxes and 100% discounted fees offered by Spanish Government, but if these are changed after the winter the routes will be removed.
So basically we will use the airport for free and if things improve and you try charge us a cent we will pull out.
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'total revenue per seat increased by 10.9% to £51.42'.
The stockmarket seems to like easyjets report with the shares up 3.7% at the moment. When fuel costs rise Easyjet can increase ticket price by £5 without losing too many pax but a £5 rise on a ryanair route would kill it.
Easyjet has hedged it fuel for the current year at a too high price. That will work out the system for next years results. I expect easyjet will be making a profit next year and Ryanair will be making a loss.
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Despite the typical Ryanair bluster - Ryanair’s big expansion in the Canary Islands is due to “zero” tourist taxes in Spain and the 100% discount on airport charges this winter. This contrasts with the route cutbacks Ryanair has announced in the UK and Ireland where airport charges at Dublin and Stansted are increasing and the Irish and UK Governments have imposed suicidal tourist taxes of €10 and £10 respectively.' - the planes will be based in the UK and Dublin.
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No bases at LPA, ACE or TFS!
And 10 (DUB, SNN, PIK, LPL, EMA, BRS, BHX, BOH, STN and LTN) of these 16 (others are HHN, NRN, CRL, OPO, MAD and GRO) destination from these Canary airports are in the UK and Ireland.
And 10 (DUB, SNN, PIK, LPL, EMA, BRS, BHX, BOH, STN and LTN) of these 16 (others are HHN, NRN, CRL, OPO, MAD and GRO) destination from these Canary airports are in the UK and Ireland.
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Las Islas Canarias
Yesterday the route map was briefly showing routes to the Canaries from Edinburgh and Bergamo, but theses airports seem to have not been part of the Canaries expansion in the end.
Indeed, no aircraft will be based in the Canaries.
But ya, for the bases involved, a reutilisation of the aircraft to fly to the Canaries will in theory mean less passengers because of the longer sectors. But I suppose it's better than parked aircraft. What's more the airports will be glad of the new routes and of course its great for passengers wishing to travel to the Canaries.
Indeed, no aircraft will be based in the Canaries.
But ya, for the bases involved, a reutilisation of the aircraft to fly to the Canaries will in theory mean less passengers because of the longer sectors. But I suppose it's better than parked aircraft. What's more the airports will be glad of the new routes and of course its great for passengers wishing to travel to the Canaries.
today Easyjet reported its Q3 results. The income per seat has increased by 9.3% as it now gets £60.72p per pax. Unlike ryanair it is growing slowly but getting greater turnover. Next year Easyjet could be the only airline making a profit in europe.
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Sorry sam1993, guess I jumped the gun there.
Does anyone have anymore information about future routes from edinburgh, and the rumour that when RYR agreed to operate from EDI, BAA stated that they aren't allowed to compete with other airlines which is why there are no flights to Girona and Bergamo?
Does anyone have anymore information about future routes from edinburgh, and the rumour that when RYR agreed to operate from EDI, BAA stated that they aren't allowed to compete with other airlines which is why there are no flights to Girona and Bergamo?
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Ryanair opens 39 new winter routes | IOL
And it seems Prestwick is getting all the action.
And it seems Prestwick is getting all the action.
Ryanair also announced that it was starting four new routes from Prestwick airport from October – to Alicante, Lanzarote, Gran Canaria, and Palma in Majorca.
A fifth new service from Prestwick – to Ibiza – will start on March 10.
Ryanair is also increasing the frequency of flights from Prestwick to Faro in Portugal, Malaga in Spain and Tenerife.
A fifth new service from Prestwick – to Ibiza – will start on March 10.
Ryanair is also increasing the frequency of flights from Prestwick to Faro in Portugal, Malaga in Spain and Tenerife.
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I think Ryanair will still make a profit, more routes and high load factors - and of course, the extra charges! Easyjet are not expanding, which I wonder is the wrong move. If money is getting tight, and people still want to go on holiday; which they do! - certainly the cheapest flights will be used.
Many thanks for the welcome Racedo! Will FR sell what they have in Aer Lingus? It seems clear they don't want a merger, but does that rule out other airlines? Such as Lufthansa - for example...
Many thanks for the welcome Racedo! Will FR sell what they have in Aer Lingus? It seems clear they don't want a merger, but does that rule out other airlines? Such as Lufthansa - for example...