Ryanair - 8
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Spot on racedo.
Might I add,
Not true, many of the offers, ie £7 fares which I have just paid for a flgiht to Oslo, the £2 'calamity' tax was not added. About 25% of fares sold are bargin tickets which do not pay the full tax.
Its about time people read financial reports and come here with facts.
fr-
Might I add,
The new calamity tax will raise 150m every year,
Its about time people read financial reports and come here with facts.
fr-
Join Date: Jun 2003
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Lazy journalism at its worst as Ryanair Ancillary revenues shown at Q3 i.e. 9 Months show €590 million.
665 million from airports alone! 1.5 bil does sound a bit rich but if the European courts start to bring a halt to airport subsidies then ryr will start to be exposed, loose the court cases over contract pilots and the company will be loss making.
Did you really mean that because if you did then lets see in 2010
Ancillary revenue was €664 million,
DT (idiot claim) €1.5 Billion was supposedly from those extra charges
so approx €2.2 Billion ....................
BUT total revenue was €3 billion so 66.5 million passengers only pay €12 a head or €800 million in tickets...............Wow
But then again as ancillary revenue is defined as non ticket revenue it then makes a bit more sense rather than a false interpretation.
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Did you really mean that because if you did then lets see in 2010
Ancillary revenue was €664 million
Ancillary revenue was €664 million
Sorry if I'm behind the times; what court case?
All and all what this means no matter what side of the ryanair fence you sit is that the Ryanair CEO has managed over the years to get under the skin of a great many people, some of them in powerful positions, these people have learnt not to attempt to confront mol head on, so are now instead useing legel proceedings, if some or all of them come out against Ryanair then the company's approach to the market would have to change. Its airfares would have to increase to that of its nearest rivals.
Providing an accurate estimation of Ryanair’s total income from airport subsidies is a highly hazardous endeavor. Because of the inherently private nature of bilateral agreements between airports and the airline, there is hardly a reliable way of keeping proper tracking of the exact amount of subsidies given to Ryanair and of the number of airports doing so. However, extrapolations based on known facts and data about airport’s and Ryanair can provide an idea of what airport’s subsidies represent in the company’s total revenues. In March 2010, competing airline company Air France-KLM filed a lawsuit in Bruxelles against Ryanair on grounds that it was receiving illegal aids and disrupting competition. In doing so the attacking company provided some estimations of the amount of aid received by Ryanair. According to its own, allegedly conservative, estimation, the Irish airline benefits from at least € 10 to € 11 subsidies per passenger. An in-depth look would reveal that this was actually calculated from average subsidies per passengers from French airports and extrapolated to the rest of Europe. But recent inquiries into the legality of state-aids received by Ryanair all over Europe would tend to corroborate the fact that Ryanair does benefit from airport subsidies all over Europe. Such per passenger amounts lead to a gross estimation of total state-aid received of around € 665 million, postulating an average € 10 per passenger transported: 66,5 million (scheduled passengers in 2010) x € 10 (lower-end estimation of per passenger state-aids received) = € 665 million Interestingly, and as has been widely underlined, such amount of state-aid represent a large part of Ryanair’s operating revenue, and, from an accounting point of view, any loss of it would jeopardize Ryanair’s yearly revenue.
Taking a number, shouting about it and keeping claiming it doesn't make it correct or accurate.
As recently as September 2010 Ryanair was brought to court in France in a case related to workers on its Marseille base. Ryanair is being accused of fiscal dumping by declaring its workers in Ireland when they actually live and exercise their work from France. The case is centered on the fact that Ryanair’s employees based in France are in an illegal situation. Although European legislation concerning mobile workers states that these are considered to be working in the country of registration of the vessel they work on, a French decree from 2006 regarding cabin crew and pilots working in France superseding European rule states the contrary. Implications regarding that conundrum had been raised as early as the beginning of 2010, at in which point, Ryanair, through its CEO, stated that, were legal proceedings to be engaged, the company would close its Marseille base. Following the beginning of the legal battle, Ryanair put its menace to execution and announced, in October 2010, that it would close its Marseille base and thirteen routes from that base. The company has announced that it would plead against the decree, declared that it was behaving in accordance with European law and would take the case to a European court.This announce has been received in France with mixed feelings and upon declarations by French government officials that contradictions between French and European law were proving a bit costly it remains highly doubtful whether the case will turn out against Ryanair. However, recent evolutions of the case seem to indicate that the airline is now at risk of losing that battle. After a French deputy asked, in an open question to the European parliament, whether Ryanair employee’s situation at Marseille was legal, the deputies answered by stating that airline employees based in a foreign country are not covered by European directive 96/71/CE and should pay social contributions and taxes inthe country they live and work.
However the idea that it only happened because of Ryanair is false as Eurocamp / Keycamp and countless other British holiday firms employ Brits on UK contracts to work in France and pay no tax or social contributions in France.
France is looking after Air France nothing more in introducing a law designed solely to protect it, Italy did the same thing with its PSO routes with Easyjet.
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France is looking after Air France nothing more in introducing a law designed solely to protect it, Italy did the same thing with its PSO routes with Easyjet.
The whole furore around Siemens trains being chosen for the next generation of Eurostar trains and Frances pressure on Ireland to increase it's corporation tax, when a report showed that with the grants France gives to home grown business, it's corporation tax is effectively 4.5%, some 8% lower than Ireland's. It's a complete joke.
Anyway back to the thread, I apologise for any digression.
Join Date: Nov 2002
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Guessing by the fact that Ryanair have not published there winter schedule from Bournemouth yet , that again they are only going to operate a 9 month schedule and leave Bournemouth from end of October and start again in Feb leaving Southampton / Bristol and Exeter to pick up the passengers who would have other wise supported Bournemouth in the lean winter months
Very frustrating for the airport i would imagine , but no doubt looking at the way Humberside / Durham / Norwich / Newquay/ Blackpool etc have gone in the winter months and praying its not going to be the same ................ but car park charges big mistake !
Very frustrating for the airport i would imagine , but no doubt looking at the way Humberside / Durham / Norwich / Newquay/ Blackpool etc have gone in the winter months and praying its not going to be the same ................ but car park charges big mistake !
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This winter might prove to be one of the most difficult yet. Fuel prices have sky rocketed and demand from regional airports is proving not to be enough in comparison to high taxation on flights from the UK. However, I think I full pull out is silly, as its just more work for the company to keep shifting people around bases. Just do 2 sectors a day, a canary or a southern spain a day should keep a decent load factor.
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Ryanair, headed by Ryan O'Leary, earns more than £1billion a year from extra costs like online check-in fees, card and baggage charges.
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What ever way you look at it racedo, if Ryanairs subsidies come under attack the game is up. You can wave your Ryanair loving flag and believe the propaganda is you wish, most others don't, and the airlines with-in Europe that have political might will try everything they can to regain market share lost to the low fare carriers. Ryanair are the masters of spin but there tricks are now well known, more and more pressure will come on them, they will have there wins no doubt, but they will have there losses as well, and that as a Ryanair employee is where my concern lies.
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BOH
Closing BOH for ryanair does not make any problems at all really. If you reduce it to just two sectors a day, you will still have a base captain and base manager to pay, not really value for money for doing so little work.
Just close it for 3 months, and might i add i did say it would be closed for the winter a few months ago.
fr-
Just close it for 3 months, and might i add i did say it would be closed for the winter a few months ago.
fr-
What ever way you look at it racedo, if Ryanairs subsidies come under attack the game is up. You can wave your Ryanair loving flag and believe the propaganda is you wish, most others don't, and the airlines with-in Europe that have political might will try everything they can to regain market share lost to the low fare carriers. Ryanair are the masters of spin but there tricks are now well known, more and more pressure will come on them, they will have there wins no doubt, but they will have there losses as well, and that as a Ryanair employee is where my concern lies.
State subsidies are illegal unless its to Air France etc but if people wish a level playing field then lets have it including everything including slot controls.
Start telling voters that well we protected you, so now you pay €300 per person for your flight instead of €60. We protecting a national airline that they never flew with is one way to ensure voters take their revenge at the ballot box.
Or telling it to employees of an airport that National Carriers refuse to serve, that we have shut your airport to protect the national airline's position in the capital 300 km away really gets people interested.
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Only interviews of union leaders.
Only CGT union - ie the ex-communist union (notice the Che Guevara pic in the background)
Only CGT-Air France, CGT-Sailors of Marseille, CGT-SNCM Corsica Ferries, etc - ie where Ryanair is a concurrent
Not very credible.
Only CGT union - ie the ex-communist union (notice the Che Guevara pic in the background)
Only CGT-Air France, CGT-Sailors of Marseille, CGT-SNCM Corsica Ferries, etc - ie where Ryanair is a concurrent
Not very credible.
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Yes Sober Lark and very nice too. It is all what we should aspire too instead of thousands trying to scrape a living on the minimum wage. Get the priorities right - family, food and time to enjoy it. Work to live and not live to work - that was my motto!
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Closing BOH for ryanair does not make any problems at all really. If you reduce it to just two sectors a day, you will still have a base captain and base manager to pay, not really value for money for doing so little work.
Just close it for 3 months, and might i add i did say it would be closed for the winter a few months ago.
Just close it for 3 months, and might i add i did say it would be closed for the winter a few months ago.
buy in non-local produce and move activity to outside towns and cities... In the game that is European business I think Ryanair is doing what it should to survive and play the game. That is the world we live in... I'm sure the representatives of these local councils wouldn't give out money unless it meant tangible returns.
In an airports case a €1 million investment in route support would likely bring in 100,000 passengers a year and then it started to get interesting.
Their is a Tourism Income Multiplier which takes estimates of spend by a incoming tourist and gross this up based on what the tourist is likely to do.
Best example seen was Ryanair going into an area with few previous flights.....the airport jobs were easy to know about as that was direct. Taking account that tourists needed somewhere to stay where no International hotel chains, it meant locally owned accommodation was used adding to local jobs, similar in restaurants etc but the restaurants used local produce which meant the tourist spend was disappated within the local economy rather than being sent as profits to elsewhere.
Based on 100,000 into an area on a low average spend per person of €200 per stay this add €20 million into local economy, once you start applying the multiplier a number of times than this €20 million sales moves up quite substantially plus taking account of VAT etc then Governments generally end up with well in excess of the €1 million investment in developing new routes.
This doesn't take into account that these 100,000 people may have created the equivalent of 200 Full time equivalent jobs throughout the year but in an area of high unemployment IF you take account that you will make savings on Unemployment benefit when people are working plus gaining in VAT on fuel / accomodation etc it would be unlikely to produce less than the €1 million invested.