Ryanair - 6
Join Date: May 2004
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The Ryanair aircraft are never permanently based at one airport and frequently get moved around. Be nice to see brand spanking new toy but hey....I prefer one thats been broken inn a bit 
Tower Ranger
Alas my roster has changed so I won't be in BHD this week .....oh well theres always next week.
Tower Ranger
Alas my roster has changed so I won't be in BHD this week .....oh well theres always next week.
Join Date: Aug 2006
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Ciampino cannot impose restrictions on flights
After ENAC (Italian civil aviation authority) decided to cut the number of low cost flights from Ciampino Airport, Ryanair has mounted the legal challenge against these plans. First round (earlier this month) was a defeat, as the local court of Lazio turned FR down. Next round however brought them better results. The appeal to state council, Italy's highest administrative court, has resulted in suspending curbs on flights at CIA, meeting a demand from Ryanair.
The state council has made the decision today and will make its detailed ruling available on Nov 6.
The state council has made the decision today and will make its detailed ruling available on Nov 6.
Join Date: Aug 2007
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Credit Card Fees
Just looked at booking summer holiday flights from EMA to ORK and found that Ryanair now charge £2 per passenger per flight for credit card 'handling fees'! For us that's a 24 quid charge for a single credit card transaction - how's that for an unfair passenger tax?!
Okay it's still relatively cheap at £67 return per person, but what with each of us paying our credit card tax and our wheelchair tax and our suitcase tax and our checking in tax, this now adds £51 return per person to the '£16' return flight.
Okay it's still relatively cheap at £67 return per person, but what with each of us paying our credit card tax and our wheelchair tax and our suitcase tax and our checking in tax, this now adds £51 return per person to the '£16' return flight.
Last edited by mikerawsonderby; 1st Nov 2007 at 19:39. Reason: Adding information
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Moderator?
I think you'll find that I admitted that £67 was still cheap. I was just trying to point out that Ryanair can't have it both ways, they shouldn't complain about unfair government taxes, and then add their own unfair charges. Most of the £51 extra is not government imposed. There is no defence in charging £4 per person (return) in credit card fees, that is a personal passenger tax - a credit card transaction doesn't care how many passengers are included.
In Ryanair's words: "To defray the substantial administration costs we incur when processing credit and debit cards or ELV direct debits a handling fee applies to each passenger per flight segment." This is not a credit card charge, it is a booking fee.
Perhaps I'll wait until the next bunch of 'free' flights becomes available, because a total flight price of £402 is beyond my budget (RR don't pay me enough).
To clarify, G-FLYB is not a Moderator in this forum. Apologies for the confusion.
The AA&R Mods
In Ryanair's words: "To defray the substantial administration costs we incur when processing credit and debit cards or ELV direct debits a handling fee applies to each passenger per flight segment." This is not a credit card charge, it is a booking fee.
Perhaps I'll wait until the next bunch of 'free' flights becomes available, because a total flight price of £402 is beyond my budget (RR don't pay me enough).
To clarify, G-FLYB is not a Moderator in this forum. Apologies for the confusion.
The AA&R Mods
Join Date: Jul 2007
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It's true Ryanair seem to stick on charges that are hard, if not impossible, to avoid, however their flights are still very cheap if you avoid the obvious pitfalls of taking overweight baggage etc.
Certainly without the likes of FR we would still be paying hundreds, rather than tens of pounds, for the same flight.
Certainly without the likes of FR we would still be paying hundreds, rather than tens of pounds, for the same flight.
Join Date: Feb 2005
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Ryanair didn't receive any state aid in Finland
The Finnish State rejected today the EU-commission's accusations of unlawful state aid to Ryanair concerning its operations at Tampere Pirkkala airport.
In July 2007 the European Commission has started an investigation concerning the alleged State aid involving Ryanair at Tampere-Pirkkala Airport. The Finnish Ministerial Commission has totally rejected these allegations and affirms that there has not been any kind of violation of the EU rules. The main features are:
As a short comment to the issue. All that fuss has been caused by SAS on the behalf of its subsidiary Blue1. They didn't even intend to use the Terminal 2 in TMP (offered to them as well) because of its very low standards, much lower than their own requirements. But yes, they wanted Ryanair to pay the same charges that SAS and Blue1 are paying for the high-standard Terminal One. In my opinion many competitors blame Ryanair for every single price-deal they get, being unable to stick to the low-cost rules themselves. By the way, the European Commission's involvement in the "do-it-yourself" refurbishment of a trivial miniature rathole, a shanty being still unworthy to call it a "terminal" is just ridiculous, don't you think?
In July 2007 the European Commission has started an investigation concerning the alleged State aid involving Ryanair at Tampere-Pirkkala Airport. The Finnish Ministerial Commission has totally rejected these allegations and affirms that there has not been any kind of violation of the EU rules. The main features are:
- there was no state aid at all given to Ryanair
- even if state aid were involved, it would comply with the acceptable competition rules [as the costs structure does]
- there were no financial losses to the State nor any alleviations to the airport managing company, the Finnish Commission did not discover any cross-subsidies concerning these activities
- the charges paid by Ryanair match the costs involved and do generate profits for the airport
- the costs involved in the refurbishment a freight terminal into one suitable for low-cost passenger service operations were minimal and the low-cost terminal standard is much lower than in Terminal 1, hence the gradation of charges is justified.
As a short comment to the issue. All that fuss has been caused by SAS on the behalf of its subsidiary Blue1. They didn't even intend to use the Terminal 2 in TMP (offered to them as well) because of its very low standards, much lower than their own requirements. But yes, they wanted Ryanair to pay the same charges that SAS and Blue1 are paying for the high-standard Terminal One. In my opinion many competitors blame Ryanair for every single price-deal they get, being unable to stick to the low-cost rules themselves. By the way, the European Commission's involvement in the "do-it-yourself" refurbishment of a trivial miniature rathole, a shanty being still unworthy to call it a "terminal" is just ridiculous, don't you think?
Join Date: Jul 2007
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Half-year net profit €408m
Here you go...
RYANAIR’S HALF YEAR PROFITS RISE 24% TO RECORD €408M
Ryanair, Europe’s largest international airline, today (5 November) announced record half year after tax profits of €408m, a 24% increase over last year. Traffic grew by 20% to 26.6m and yields fell by 1% as revenues rose by 24% to €1,554m. Unit costs increased by 5%, mainly due to higher fuel, staff, and airport costs. Despite these higher costs, Ryanair maintained an industry leading after tax margin of 26%.
Summary Table of Results (IFRS) - in Euro
Half Year ResultsSep 30, 2006Sep 30, 2007% IncreasePassengers22.1m26.6m20%Revenue€1,256m€1,554m24%Profit after Tax€329m€408m24%Basic EPS(EuroCents) 21.3326.6125%
Announcing these results Ryanair’s CEO, Michael O'Leary, said:
“These record profits reflect a 20% growth in passenger volumes, a 1% decline in yields, and strong ancillary growth. Ancillary revenues grew by 54% to €252m, due to improved penetration of car hire, hotels, travel insurance, as well as strong onboard sales and excess baggage revenues. Ancillaries now account for just over 16% of total revenues as we make steady progress towards our 20% target. Our inflight mobile phone service will be tested on 25 aircraft before the end of March 2008 which will allow passengers to make and receive calls and texts on their mobile phones and blackberrys.
Unit costs rose by 5%, slightly lower than expected, due to the higher oil prices, doubling of airport charges at Stansted as well as significantly higher charges for portacabin facilities at the Dublin airport monopoly. Staff costs rose by 29% to €146.3m due to volume growth, an employee share option charge of €9.1m, and increased cabin crew ratios. We continue to aggressively tackle costs and anticipate that unit costs for the remainder of the year will grow by 5%, slightly lower than previously guided.
The UK Competition Commission’s investigation of the BAA monopoly clearly confirmed that they are responsible for the abysmal service and long security queues which passengers are suffering at Stansted airport. This report also highlighted the negative impact of the BAA’s monopoly ownership of the main London airports which has resulted in excessive charges and retarded their development. We believe that the BAA’s abusive monopoly should be broken up, urgently, if the best interests of consumers are to be realised. Competition works – airport monopolies don’t. The CAA has repeatedly failed to effectively regulate this monopoly which is why it continues to provide third world service levels, at extortionate prices, especially at Stansted, where users’ requirements are repeatedly ignored by an airport which plans to waste £4bn building a gold plated second terminal and runway when these facilities should be provided at less than one quarter of this cost.
Our new routes and bases have performed well over the summer. This winter we will open 4 new bases at Alicante and Valencia in Spain, Belfast City in Northern Ireland, and Bristol in England. We will also start over 130 new routes across Europe. Advance bookings on our new routes and bases are in line with our winter targets. We intend to announce a further 1 or possibly 2 bases in the coming weeks for launch during next summer’s schedule.
We have recently concluded direct negotiations and a new four year agreement with our Dublin based pilots which will significantly improve their pay and rosters and bring them in line with the better pay and benefits previously negotiated by pilots at our other Irish bases. Sadly, the failed attempts by the Irish Airline Pilots Union ("IALPA") to interfere in Ryanair’s direct negotiations with our pilots has cost each of our Dublin Captains over €80k each over the past 4 years. We are pleased that the Dublin pilots have finally recognised the abject failure of this IALPA led campaign and have returned to talking directly with us.
We have now launched our free web check-in/priority boarding facility for all passengers travelling with hand luggage which allows them to avoid airport queues and be amongst the first to board the aircraft. Passengers who do not avail of free web check-in/priority boarding will be charged £2/€3 for using airport check-in. As a further innovation all passengers can now purchase priority boarding online and at airport ticket desks.
These service enhancements have been well received by passengers resulting in the doubling of passengers using priority boarding/web check-in in the first month since its introduction.
Chancellor Alistair Darling’s plans to change the basis of UK APD in 2009 from a per passenger charge to a per flight charge fails to address the fundamental inequity of this travel tax scam. Aviation which accounts for less than 2% of EU CO2 emissions (just half the figure for marine transport), is not the cause of climate change and taxing it will not have any effect on this problem. Not one penny of the extra £1bn raised annually by this UK travel tax scam has been spent on environmental projects. Despite repeated requests, the UK Treasury refuses to confirm how this money will be spent. The reality is that this is just another government tax on passengers and we again call on the Chancellor to end this modern day highway robbery.
We have implemented our planned 20% reduction in Stansted aircraft numbers this winter due to the doubling of costs by the BAA monopoly. As a result we anticipate that full year passenger volumes will grow by approximately 19% to 50.5m. These capacity reductions will bring more stability to winter yields, reduce operating costs and eliminate losses on non profitable winter routes at Stansted.
Our outlook for the remainder of the fiscal year remains cautious as we have very little visibility beyond the next two months. Shareholders should note that the anticipated decline in Q3 yields will result in Net Profit being significantly lower than last years Q3 comparative which included a one off settlement arising from an early contract termination by our hotel partner. Based on our current Q3 forward bookings and the impact of Easter in Q4, we now anticipate that winter (H2) yields will be somewhat better than previously forecast with the expected yield declines being towards the lower end of the -5% to -10% range. As a result of these better winter yield forecasts and the costs savings which we continue to realise, we now believe that full year Net Profit will rise by 17.5% to approximately €470m, rather than the €440m previously guided.
During the last two months we undertook a series of share buy backs amounting to a total of 53.5m shares a cost of €267m. The shares cancelled represent approximately 3.5% of the company’s pre-existing issued share capital."
RYANAIR’S HALF YEAR PROFITS RISE 24% TO RECORD €408M
Ryanair, Europe’s largest international airline, today (5 November) announced record half year after tax profits of €408m, a 24% increase over last year. Traffic grew by 20% to 26.6m and yields fell by 1% as revenues rose by 24% to €1,554m. Unit costs increased by 5%, mainly due to higher fuel, staff, and airport costs. Despite these higher costs, Ryanair maintained an industry leading after tax margin of 26%.
Summary Table of Results (IFRS) - in Euro
Half Year ResultsSep 30, 2006Sep 30, 2007% IncreasePassengers22.1m26.6m20%Revenue€1,256m€1,554m24%Profit after Tax€329m€408m24%Basic EPS(EuroCents) 21.3326.6125%
Announcing these results Ryanair’s CEO, Michael O'Leary, said:
“These record profits reflect a 20% growth in passenger volumes, a 1% decline in yields, and strong ancillary growth. Ancillary revenues grew by 54% to €252m, due to improved penetration of car hire, hotels, travel insurance, as well as strong onboard sales and excess baggage revenues. Ancillaries now account for just over 16% of total revenues as we make steady progress towards our 20% target. Our inflight mobile phone service will be tested on 25 aircraft before the end of March 2008 which will allow passengers to make and receive calls and texts on their mobile phones and blackberrys.
Unit costs rose by 5%, slightly lower than expected, due to the higher oil prices, doubling of airport charges at Stansted as well as significantly higher charges for portacabin facilities at the Dublin airport monopoly. Staff costs rose by 29% to €146.3m due to volume growth, an employee share option charge of €9.1m, and increased cabin crew ratios. We continue to aggressively tackle costs and anticipate that unit costs for the remainder of the year will grow by 5%, slightly lower than previously guided.
The UK Competition Commission’s investigation of the BAA monopoly clearly confirmed that they are responsible for the abysmal service and long security queues which passengers are suffering at Stansted airport. This report also highlighted the negative impact of the BAA’s monopoly ownership of the main London airports which has resulted in excessive charges and retarded their development. We believe that the BAA’s abusive monopoly should be broken up, urgently, if the best interests of consumers are to be realised. Competition works – airport monopolies don’t. The CAA has repeatedly failed to effectively regulate this monopoly which is why it continues to provide third world service levels, at extortionate prices, especially at Stansted, where users’ requirements are repeatedly ignored by an airport which plans to waste £4bn building a gold plated second terminal and runway when these facilities should be provided at less than one quarter of this cost.
Our new routes and bases have performed well over the summer. This winter we will open 4 new bases at Alicante and Valencia in Spain, Belfast City in Northern Ireland, and Bristol in England. We will also start over 130 new routes across Europe. Advance bookings on our new routes and bases are in line with our winter targets. We intend to announce a further 1 or possibly 2 bases in the coming weeks for launch during next summer’s schedule.
We have recently concluded direct negotiations and a new four year agreement with our Dublin based pilots which will significantly improve their pay and rosters and bring them in line with the better pay and benefits previously negotiated by pilots at our other Irish bases. Sadly, the failed attempts by the Irish Airline Pilots Union ("IALPA") to interfere in Ryanair’s direct negotiations with our pilots has cost each of our Dublin Captains over €80k each over the past 4 years. We are pleased that the Dublin pilots have finally recognised the abject failure of this IALPA led campaign and have returned to talking directly with us.
We have now launched our free web check-in/priority boarding facility for all passengers travelling with hand luggage which allows them to avoid airport queues and be amongst the first to board the aircraft. Passengers who do not avail of free web check-in/priority boarding will be charged £2/€3 for using airport check-in. As a further innovation all passengers can now purchase priority boarding online and at airport ticket desks.
These service enhancements have been well received by passengers resulting in the doubling of passengers using priority boarding/web check-in in the first month since its introduction.
Chancellor Alistair Darling’s plans to change the basis of UK APD in 2009 from a per passenger charge to a per flight charge fails to address the fundamental inequity of this travel tax scam. Aviation which accounts for less than 2% of EU CO2 emissions (just half the figure for marine transport), is not the cause of climate change and taxing it will not have any effect on this problem. Not one penny of the extra £1bn raised annually by this UK travel tax scam has been spent on environmental projects. Despite repeated requests, the UK Treasury refuses to confirm how this money will be spent. The reality is that this is just another government tax on passengers and we again call on the Chancellor to end this modern day highway robbery.
We have implemented our planned 20% reduction in Stansted aircraft numbers this winter due to the doubling of costs by the BAA monopoly. As a result we anticipate that full year passenger volumes will grow by approximately 19% to 50.5m. These capacity reductions will bring more stability to winter yields, reduce operating costs and eliminate losses on non profitable winter routes at Stansted.
Our outlook for the remainder of the fiscal year remains cautious as we have very little visibility beyond the next two months. Shareholders should note that the anticipated decline in Q3 yields will result in Net Profit being significantly lower than last years Q3 comparative which included a one off settlement arising from an early contract termination by our hotel partner. Based on our current Q3 forward bookings and the impact of Easter in Q4, we now anticipate that winter (H2) yields will be somewhat better than previously forecast with the expected yield declines being towards the lower end of the -5% to -10% range. As a result of these better winter yield forecasts and the costs savings which we continue to realise, we now believe that full year Net Profit will rise by 17.5% to approximately €470m, rather than the €440m previously guided.
During the last two months we undertook a series of share buy backs amounting to a total of 53.5m shares a cost of €267m. The shares cancelled represent approximately 3.5% of the company’s pre-existing issued share capital."
Join Date: Jul 2007
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One exciting part of the announcement was:
I'd love to see MXP as a base. Talks have been continuing, but will a base materalise? Hmm. It is, as always, a waiting game - but an exciting one.
We intend to announce a further 1 or possibly 2 bases in the coming weeks
.
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If Ryanair find a deal the new base will be MXP, if not will be replaced by two others base outside Italy.
Italian press report decision about a possible MXP base will be taken within one month
Italian press report decision about a possible MXP base will be taken within one month
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If Ryanair find a deal the new base will be MXP, if not will be replaced by two others base outside Italy.
As for potential UK bases:
EDI was mentioned a while back - but it did, as usual, go cold.
BOH's a long-standing rumour.
Always rumours, possibilities. But at least it's somewhat exciting to predict!
Join Date: Oct 2004
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Domestic flights in Germany
Planeboys.de knows about a new route: Frankfurt (HHN ) - Berlin (SXF) twice daily from March on.
Would be Ryanairs 1st domestic connection in Germany. Not yet confirmed though. Announcement maybe on Wednesday. Also rumors on hahn-infos.com about an FR base in Berlin.
Would be Ryanairs 1st domestic connection in Germany. Not yet confirmed though. Announcement maybe on Wednesday. Also rumors on hahn-infos.com about an FR base in Berlin.
Join Date: Jul 2007
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New Bases
Well, I'm a bit shy now I've given it the bigg'n! 
Obviously things are always subject to last minute change within FR but from what I was told it's on the South Coast. Opening up in time for the summer season.
We shall, as they say, see.
Obviously things are always subject to last minute change within FR but from what I was told it's on the South Coast. Opening up in time for the summer season.We shall, as they say, see.
Join Date: Apr 2004
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Cork base
It's surprising that Ryanair continue to have just one aircraft based at Cork given the fact that they now plan to operate 12 return flights a day from mid december. The pilots must be bored stiff from flying up to Dublin via Clonmel and Killiney.