Ryanair - 6
Join Date: Aug 2004
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Have been having a look at possible route closures, only completed London so far, so here goes:
STANSTED - Lamezia / Rimini / Pula / Zadar / Rodez / Poitiers / Almeria / Beziers (to LTN?) / Angouleme / Brindisi / Granada
LUTON - Milan / Brest
STANSTED - Lamezia / Rimini / Pula / Zadar / Rodez / Poitiers / Almeria / Beziers (to LTN?) / Angouleme / Brindisi / Granada
LUTON - Milan / Brest
Join Date: Aug 2004
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Brest I am quite sure is seasonal, a lot of the route closues for Stansted are quite seasonal as well, although I belive most have operted before in the winter months on a reduced schedule. Also believe increase of flights to Salzburg, Grenoble, Klagenfurt and Freidrichafen.
Join Date: Mar 2007
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Ryanair to ground upto 20 A/C for winter
A few extracts from full year results this AM :
"Cost increases over the winter were limited by our decision to ground 7 aircraft at Stansted and we will extend this program next Winter by grounding up to 20 aircraft (approx. 10% of our fleet), mainly at Stansted and Dublin where high airport charges make it more profitable to ground aircraft rather than fly them through the Winter."
"What we as an airline and our investors must remember is that this is a cyclical industry, and a downturn in the industry provides enormous opportunity for airlines such as Ryanair."
"Based on forward bookings, we now believe it likely that average fares for the coming year will rise by approx. +5% and if oil prices remain at $130 per barrel, then we expect to accordingly breakeven for fiscal '09."
Other Highlights :
"Cost increases over the winter were limited by our decision to ground 7 aircraft at Stansted and we will extend this program next Winter by grounding up to 20 aircraft (approx. 10% of our fleet), mainly at Stansted and Dublin where high airport charges make it more profitable to ground aircraft rather than fly them through the Winter."
"What we as an airline and our investors must remember is that this is a cyclical industry, and a downturn in the industry provides enormous opportunity for airlines such as Ryanair."
"Based on forward bookings, we now believe it likely that average fares for the coming year will rise by approx. +5% and if oil prices remain at $130 per barrel, then we expect to accordingly breakeven for fiscal '09."
Other Highlights :
- Added 30 new aircraft, 3 new bases and 201 new routes.
- After Tax profit margin of 18%
- Lost €90 million on the value of the 29% stake in Aer Lingus
- Load Factor 82%
- Origin of income from UK 38% from 44% last year
- 6% increase in sector length
- 28% reduction in marketing and distribution costs
Join Date: Jan 2004
Location: Ireland
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Ryanair to ground 10% of its fleet this winter
Cost cutting is a fine art....
http://uk.news.yahoo.com/pressass/20...s-6323e80.html
Opinions ladies and gentlemen....
http://uk.news.yahoo.com/pressass/20...s-6323e80.html
Opinions ladies and gentlemen....
Join Date: Sep 2003
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Been out of the game for a while. My question is, does this mean FR will not use wet lease frames in the winter. Is so, that puts pressure on a few carriers that rely on a few pennies during the off holiday season.
Wage cuts maybe?
Wage cuts maybe?
Join Date: Nov 2007
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Grounding aircraft - not really
See my post #1566 on the FR thread of 23rd April. It's not mothballing aircraft, it's simply flying fewer daily sectors in the winter (although still flying more sectors than most others)
FF
FF
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From the Ryanair website
"The following are Ryanair’s passenger and load factor statistics for May 2008. This is the first time that Ryanair or any other UK airline has carried over 5 million passengers in one month."
What do they mean by OTHER UK airlines..i thought Ryanair were Irish?
"The following are Ryanair’s passenger and load factor statistics for May 2008. This is the first time that Ryanair or any other UK airline has carried over 5 million passengers in one month."
What do they mean by OTHER UK airlines..i thought Ryanair were Irish?
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Other UK airline
Sky conductor .. I picked up on this too, I read it and thought surprised that they did not say first time any Uk or Irish airline has passed 5m, or 'any Uk airline'!
On a separate note I was reading in a separate item of news in the Ryanair news section, about how Ryanair are going to sue the union over an unofficial strike. Well what amused me was that Michael Cawley was quoted as saying We do not believe that it is fair, reasonable or lawful that airport employees simply walk off the job and endanger the safety of passengers
A ryanair senior employee using the statement we believe it is not fair, is a bit ironic. Ryanair have all too often been 'not fair' in their treatment of people, both staff and customers, airports, suppliers etc.
I actually like Ryanair and use them with hesitation, but this was a funny one!
On a separate note I was reading in a separate item of news in the Ryanair news section, about how Ryanair are going to sue the union over an unofficial strike. Well what amused me was that Michael Cawley was quoted as saying We do not believe that it is fair, reasonable or lawful that airport employees simply walk off the job and endanger the safety of passengers
A ryanair senior employee using the statement we believe it is not fair, is a bit ironic. Ryanair have all too often been 'not fair' in their treatment of people, both staff and customers, airports, suppliers etc.
I actually like Ryanair and use them with hesitation, but this was a funny one!
Join Date: May 2008
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Its also not the only airline thats had a pay freeze this year due to expected DIP in profits and the fuel price affecting operations.
However when it was announced that the top 30 managers would take a pay freeze due to the hard times and the cost of fuel etc effecting profits, what they forgot to mention is that everyone else had a pay freeze as well. However unlike the top 30 managers we won't be reimburssed by profit shares and bonuses, which of course todays announcment will gladly contribute.
There are some very hard working and extemely professional people who work to make this airline successful, and it is. However its these very same people that Ryanair has an inane habit of p***ing off at every opportunity. When you work for the company you realise it all becomes smoke and mirrors very quickly. What you see is not in any way what you get.
Grounding aircraft, wait and see...............................................
I suspect these aircraft will be flying, allbeit somewhere else and they'll be looking for guys to go where-ever to operate them............................................at a small cost to them of course!
This could be a really good airline to work for but for the attitude of our senior management have towards the staff who actually contribute to lining the shareholders pockets. Isn't it about time this was recognised?
There have been some great guys leaving within the last month or so, how long will it be before a lot more follow suit?????
Contrary to the managements belief, there is a lot of work out there and although some companies will go to the wall, they will be replaced by others starting up, thats the nature of the business. It wouldn't surprise me if one day in 3-4 yrs time I woke up, turned on the news and the whole house of cards had fallen down into the sand it was built on.
Any airline to operate well needs the basic fundementals. They are, aircraft (we've got loads of them), Pilots/crews to fly the adorable public to there desired destinations (they buy the tickets that make the money) and when it all goes wrong, someone highly professional and very skilled to come along and fix it. An aircraft that doesn't fly, doesn't make any money and its basics really. No Fly, No Airline, ask Silverjet and others.
So wait and see what happens over the next few months and don't believe a word of what you see until you see it with your own eyes, and then treat it sceptically......................
However when it was announced that the top 30 managers would take a pay freeze due to the hard times and the cost of fuel etc effecting profits, what they forgot to mention is that everyone else had a pay freeze as well. However unlike the top 30 managers we won't be reimburssed by profit shares and bonuses, which of course todays announcment will gladly contribute.
There are some very hard working and extemely professional people who work to make this airline successful, and it is. However its these very same people that Ryanair has an inane habit of p***ing off at every opportunity. When you work for the company you realise it all becomes smoke and mirrors very quickly. What you see is not in any way what you get.
Grounding aircraft, wait and see...............................................
I suspect these aircraft will be flying, allbeit somewhere else and they'll be looking for guys to go where-ever to operate them............................................at a small cost to them of course!
This could be a really good airline to work for but for the attitude of our senior management have towards the staff who actually contribute to lining the shareholders pockets. Isn't it about time this was recognised?
There have been some great guys leaving within the last month or so, how long will it be before a lot more follow suit?????
Contrary to the managements belief, there is a lot of work out there and although some companies will go to the wall, they will be replaced by others starting up, thats the nature of the business. It wouldn't surprise me if one day in 3-4 yrs time I woke up, turned on the news and the whole house of cards had fallen down into the sand it was built on.
Any airline to operate well needs the basic fundementals. They are, aircraft (we've got loads of them), Pilots/crews to fly the adorable public to there desired destinations (they buy the tickets that make the money) and when it all goes wrong, someone highly professional and very skilled to come along and fix it. An aircraft that doesn't fly, doesn't make any money and its basics really. No Fly, No Airline, ask Silverjet and others.
So wait and see what happens over the next few months and don't believe a word of what you see until you see it with your own eyes, and then treat it sceptically......................
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I thought MOL would welcome the opportunity to have some spare capacity so he could send an aircraft to retrieve stranded passengers rather than tell them there might be seats available in a week...
Join Date: Nov 2000
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Scousegit,
You are whining about a pay freeze and not getting profit share / bonuses when the price of oil has gone through the roof, airlines are going under - Silverjet being the latest example, watch Wizzair, SkyEurope, Vuelling and all the other LCCs struggle too.
You still have a job and are getting paid each month.
The grass and green comes to mind !
You are whining about a pay freeze and not getting profit share / bonuses when the price of oil has gone through the roof, airlines are going under - Silverjet being the latest example, watch Wizzair, SkyEurope, Vuelling and all the other LCCs struggle too.
You still have a job and are getting paid each month.
The grass and green comes to mind !
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Not so sure whether we will see the end of some of these carriers.
We have seen the confidence in LS and GSM rise due to their confirmation of hedged fuel until either later this year or into next which means the fuel problem is less of an issue.
Airlines such as Wizzair are offering fares at rock bottom prices (much lower than the likes of U2 and LS) and by raising the fares to their prices I would guess they would increase on yield, whether they would lose passengers due to the prices I am not sure.
Personally I don't expect to see many closures on this side of the Atlantic.
We have seen the confidence in LS and GSM rise due to their confirmation of hedged fuel until either later this year or into next which means the fuel problem is less of an issue.
Airlines such as Wizzair are offering fares at rock bottom prices (much lower than the likes of U2 and LS) and by raising the fares to their prices I would guess they would increase on yield, whether they would lose passengers due to the prices I am not sure.
Personally I don't expect to see many closures on this side of the Atlantic.