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Old 28th Feb 2011, 11:46
  #681 (permalink)  
 
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At last some sanity in the debate on here, pee you make some very good suggestions there.
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Old 28th Feb 2011, 15:57
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Let's notice:
SEATTLE, Feb. 28, 2011 -- Boeing has delivered the 300th Next Generation 737-800 to Europe's largest low-fare carrier, Ryanair. The airline will take delivery of a total of 37 of these aircraft during 2011 and is the world's largest operator of the 737-800. Ryanair took delivery of its first 737-800, which seats 189 passengers, from Boeing in 1999.

Ryanair's Chief Executive Michael O'Leary said, "We are proud to take delivery of our 300th brand new Boeing 737 aircraft. The total value of the Ryanair fleet is now over $18 billion. We are proud to operate the youngest, greenest and most fuel-efficient fleet of any major European airline. This aircraft will help us to grow to 78 million passengers this year."(...)

"The milestone delivery of this 737-800 to Ryanair is a tribute to the 737 and the strength and sustainability of Ryanair's business model", said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. "The 737 offers an unbeatable combination of economics that will continue to give Ryanair a competitive advantage in the marketplace."
Source: PRNewswire/Boeing.
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Old 28th Feb 2011, 18:56
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Another one here....

I think FR has kind of "secret weapon" they could use with a thriving effect. Starting a big PR campaign, like "The New Face of Ryanair". The same punctual, reliable and cheap carrier, but now more customer-friendly, caring. We'll offer now more pleasant experience (blah, blah), generally the better "treatment". It could do miracles, I guess. Worth trying, along with the better schedules (connections?), less deceptive booking system and a few more innovations - it could bring many pax more.
I could not agree more. A Ryanair 2.0 with the credit card charge eliminated and instead included in all prices (not only the campaign prices) as well as all taxes included in all prices (not only the campaign prices). Add to that a Low Fares Explanation and Declaration which should be shown clearly on the website as well as in all booking confirmations:
Why Ryanair offer you not only the lowest fares but now also the best value:
1. Ryanair do not print boarding cards, you do and you save. If not Ryanair will charge you €40 (or whatever it is now).
2. Checked in Luggage is not included. If you want to send luggage you need to book it in advance etc...
3. Ryanair sometimes uses other airports than the main airport. This is to cut costs which gives you lower fares
4. Ryanair strictly follows all legislation regarding consumer protection. When you travel with Ryanair you are still expected to handle unexpected circumstances on your own and later possibly claim it back if it is eligible. Ryanair recommends travel insurance for all travellers (link...)

The phrasing could be better but I really do believe that this really could improve Ryanair's image. Think of it as now a low price but honest company.

Actually this is not very far from what Ryanair is today in practice (well the credit charge and taxes are) but it is very far away in image. I believe it could increase the brand value in about the same way as Skoda has changed it's brand name over the last 10 years.
This is coming from another frequent Ryanair traveller who often flies from Sweden to Spain (and UK and France and....) often with a disabled child and frequently gets excellent service by friendly Ryanair personell.
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Old 1st Mar 2011, 09:20
  #684 (permalink)  
 
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"The total value of the Ryanair fleet is now over $18 billion"

and where is this 18 billion noted in the balance sheet or annual report? Last year's total assets were about 7 billion euros.... Cash 2 billion euros.
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Old 1st Mar 2011, 09:48
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and where is this 18 billion noted in the balance sheet or annual report
Possibly something to do with the plaque on flight deck doors that states who the aircraft is leased from, FR don't as such own them as far as I know.
So the statement attesting to the value is correct.
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Old 1st Mar 2011, 10:37
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Possibly something to do with the plaque on flight deck doors that states who the aircraft is leased from, FR don't as such own them as far as I know.
All were purchased by the company, with a proportion on sale and leaseback from finance companies. I believe a proportion are directly owned.

MD
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Old 1st Mar 2011, 15:18
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18 billion for 300 planes makes each around 60 million euros.
that is something like the new list price.

many are owned by 3rd parties to which FR pay leasefees (74 m a qtr) and the value of the own aircraft drops by 200m a qrt (for a fleet of 255 planes as 31/12/2010). When they come to sell the aircraft they can make an additional profit or loss depending on the gap between book price and real selling price. As the market for 2nd hand planes is bad at the mo they are returning planes to leaseholders instread of selling off owned planes.

One line from the q3 accounts may help you value the fleet:-
In the nine months ended December 31, 2009 four Boeing 737-800 aircraft and two spare engines were disposed of, generating sales proceeds of €93.3m.
The 18 billion worth of new planes are worth about 7 billion after 5 years. (its almost as bad a new cars). In reality MOL paid a lot less that 18 billion for them.
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Old 1st Mar 2011, 18:57
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"The total value of the Ryanair fleet is now over $18 billion"

and where is this 18 billion noted in the balance sheet or annual report? Last year's total assets were about 7 billion euros.... Cash 2 billion euros.
Why does it have to be anywhere ?

Its a statement in a Press release..............that's er it.
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Old 1st Mar 2011, 19:02
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In the nine months ended December 31, 2009 four Boeing 737-800 aircraft and two spare engines were disposed of, generating sales proceeds of €93.3m.
Lets see average exchange rates in 2009 make each aircraft sold for approx $32 Million and as they would have been ordered in 2001 giving a best guess of $22 Million each then they are slightly different than a car.
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Old 1st Mar 2011, 19:22
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FR-

Would you call these passengers tossers?

Passengers arriving for the Girona to Madrid flights last week found no aircraft, no crew, and no explanation at the Ryanair check-in desk. It appears that the flights were withdrawn but Ryanair made no comment.
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Old 1st Mar 2011, 19:50
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According to Travel Weekly, Ryanair have agreed to display fully inclusive prices for flights from June 1st:

Ryanair agrees to demands for price transparency - www.travelweekly.co.uk

Discuss...
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Old 1st Mar 2011, 20:07
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agreed to display fully inclusive prices
High time. Good for them. Should have happened voluntarily years ago.
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Old 3rd Mar 2011, 09:00
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Hello everybody ! This is my 1st message on this forum

Ryanair cancelled all routes at Pau airport from March 26th 2011.

New rumours :

Paris Beauvais (BVA) to Carcassonne (CCF)
Paris Beauvais (BVA) to Lourdes (LDE)
Paris Beauvais (BVA) to Perpignan (PGF)
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Old 3rd Mar 2011, 10:35
  #694 (permalink)  
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ccf

Do you have any idea which base will be flying the new BVA routes

fr-
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Old 3rd Mar 2011, 12:18
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It took a while for Ryanair to realize that South-European destinations are much more attractive for Finnish passengers than many else, but now things start to happen. Two new Italian destinations from Tampere just announced: Rome and Trapani, to be launched in May and June, respectively.

Well done.
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Old 3rd Mar 2011, 12:21
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New route confirmed

Paris Beauvais Tillé (BVA) to Béziers Cap d'Agde (BZR)
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Old 3rd Mar 2011, 12:30
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New routes from Rome as well :

Rome Ciampino (CIA) to Riga International (RIX)
Rome, Ciampino (CIA) to Thessaloniki, Makedonia (SKG)
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Old 3rd Mar 2011, 12:34
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And ryanair transfered the Pau-Charleroi route to Biarritz
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Old 3rd Mar 2011, 12:56
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Why does it have to be anywhere ?

Its a statement in a Press release..............that's er it.
It's a clever-ish way of representing the fleet as an owned assset without explicitly stating it as such. Now of course anyone with a business background will see through that but most people will go "Blimey, cash in the bank!". Which it's not.

I love Ryanair press statements, a challenge for Dewey Decimal I think!
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Old 3rd Mar 2011, 13:53
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CIA to FMM, RIX, TMP, SKG and VNO (announced earlier) and a 7th a/c will arrive in May.
Ryanair punta sempre più forte su Ciampino: altri 5 voli e nuovi investimenti - Economia - ilGiornale.it del 03-03-2011
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