Ryanair-10
Join Date: Jun 2013
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Some maybe in the minority that are conscious of the Max issues, but in my opinion it would be a major miscalculation for FR to assume everyone is ignorant & just looking for cheap fares. For me FR need to define the planned aircraft type before I will book flights (and I say that as a regular FR passenger up to now). My recent bookings for 2020 are with U2 for purely this reason.
How much would it cost Ryanair to get their IT systems into a state able to accurately report to customers at the time of booking, the planned aircraft type, and (potentially) also email customers when the planned aircraft type changes ?
How much revenue would Ryanair lose by not spending this money on their IT systems ?
Which of these 2 options is more profitable ? I suspect it would be hard to convince the FR board to spend the money
How much revenue would Ryanair lose by not spending this money on their IT systems ?
Which of these 2 options is more profitable ? I suspect it would be hard to convince the FR board to spend the money
As for "fleet", look at performace in Quarter to June. Easyjet increased pax numbers by 2 Million, Ryanair increased by 4.4 Million, Easyjet load factor dropped by 1.7% year on year to 91.7% where as Ryanair is 96%+.
In the 9 months to June Easyjet added 6.8 million passengers, Ryanair added 10.7 million and is pretty much 50% bigger than Easyjet in number of passengers carried year on year.
How much would it cost Ryanair to get their IT systems into a state able to accurately report to customers at the time of booking, the planned aircraft type, and (potentially) also email customers when the planned aircraft type changes ?
How much revenue would Ryanair lose by not spending this money on their IT systems ?
Which of these 2 options is more profitable ? I suspect it would be hard to convince the FR board to spend the money
How much revenue would Ryanair lose by not spending this money on their IT systems ?
Which of these 2 options is more profitable ? I suspect it would be hard to convince the FR board to spend the money
See no benefit because by time Max flies again i will be as forecasted next year.
Nice to see Boeing giving an idea of what it cost them, $5 billion is the current estimate so realistically it is likely to be closer to $8.
Some maybe in the minority that are conscious of the Max issues, but in my opinion it would be a major miscalculation for FR to assume everyone is ignorant & just looking for cheap fares. For me FR need to define the planned aircraft type before I will book flights (and I say that as a regular FR passenger up to now). My recent bookings for 2020 are with U2 for purely this reason.
Join Date: Feb 2018
Location: Wolverhampton
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Some maybe in the minority that are conscious of the Max issues, but in my opinion it would be a major miscalculation for FR to assume everyone is ignorant & just looking for cheap fares. For me FR need to define the planned aircraft type before I will book flights (and I say that as a regular FR passenger up to now). My recent bookings for 2020 are with U2 for purely this reason.
Ok , we are that to ALL airlines but at least our two current choices do it with good grace and a smile on their faces. Oh, and the price penalty didnt turn out to be as bad as we'd expected when ALL costs/extras added together.
Join Date: Aug 2016
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Ryanair are doing what ever big company does in looking at performance in certain areas and cutting when appropriate. Easyjet do and have done exactly the same thing.
As for "fleet", look at performace in Quarter to June. Easyjet increased pax numbers by 2 Million, Ryanair increased by 4.4 Million, Easyjet load factor dropped by 1.7% year on year to 91.7% where as Ryanair is 96%+.
In the 9 months to June Easyjet added 6.8 million passengers, Ryanair added 10.7 million and is pretty much 50% bigger than Easyjet in number of passengers carried year on year.
As for "fleet", look at performace in Quarter to June. Easyjet increased pax numbers by 2 Million, Ryanair increased by 4.4 Million, Easyjet load factor dropped by 1.7% year on year to 91.7% where as Ryanair is 96%+.
In the 9 months to June Easyjet added 6.8 million passengers, Ryanair added 10.7 million and is pretty much 50% bigger than Easyjet in number of passengers carried year on year.
Am I correct in saying that both easyJet and Ryanair declare their LF on the basis of seats sold, not on the actual number of PAX who turn up to fly? I've been told that there are people who buy up the £9.99 tickets just in case they need or want to fly to that destination that day.
Legacy airlines sell a mix of refundable (even after a passenger was due to fly) and non-refundable tickets. The refundable tickets that were not used can sometimes still be refunded several months after the original planned departure date
LCCs tend to sell non-refundable tickets, some of which can be changed before, a flight or maybe a couple of hours after in case of accidental missed departure
Airlines report load factor no more than a couple of months after the month in question. For LCCs, they know a ticket not used more than 2 hours after a flight can never be reused or refunded, and the airline can book this in the accounts as revenue (minus possibly APD that would have gone to Govt anyway). Thus an LCC can choose to report either a 'bums on seats' load factor or a 'seats sold' load factor
Legacy airlines cannot book refundable tickets as revenue in the accounts until the refund period in the ticket fully expires. While they can estimate likely refunds, they cannot be 100% certain and accountancy rules thus prevent them reporting a 'tickets sold' load factor. A legacy carrier can only report a 'bums on seats' load factor
There are always more tickets sold than bums taking their desired seat... so LCCs choose to report the higher and more flattering 'tickets sold' load factor
Load factors from Ryanair and Aer Lingus are not exactly comparable - maybe add 5 percent to the 'bums on seat' load factor to get a 'tickets sold' load factor - but it is still a useful comparison tool
LCCs tend to sell non-refundable tickets, some of which can be changed before, a flight or maybe a couple of hours after in case of accidental missed departure
Airlines report load factor no more than a couple of months after the month in question. For LCCs, they know a ticket not used more than 2 hours after a flight can never be reused or refunded, and the airline can book this in the accounts as revenue (minus possibly APD that would have gone to Govt anyway). Thus an LCC can choose to report either a 'bums on seats' load factor or a 'seats sold' load factor
Legacy airlines cannot book refundable tickets as revenue in the accounts until the refund period in the ticket fully expires. While they can estimate likely refunds, they cannot be 100% certain and accountancy rules thus prevent them reporting a 'tickets sold' load factor. A legacy carrier can only report a 'bums on seats' load factor
There are always more tickets sold than bums taking their desired seat... so LCCs choose to report the higher and more flattering 'tickets sold' load factor
Load factors from Ryanair and Aer Lingus are not exactly comparable - maybe add 5 percent to the 'bums on seat' load factor to get a 'tickets sold' load factor - but it is still a useful comparison tool
It is.
Therefore a no show for a LCC carrier is regarded as profit as 99.9% never seek to get back APD back.
Tickets sole where non refundable is perfectly legitimate because LCC do not overbook unlike legacy carriers.
Therefore a no show for a LCC carrier is regarded as profit as 99.9% never seek to get back APD back.
Tickets sole where non refundable is perfectly legitimate because LCC do not overbook unlike legacy carriers.
Join Date: Mar 2019
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Am I correct in saying that both easyJet and Ryanair declare their LF on the basis of seats sold, not on the actual number of PAX who turn up to fly? I've been told that there are people who buy up the £9.99 tickets just in case they need or want to fly to that destination that day.
Join Date: Jan 2009
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Never had an overbooking issue with Wizzair and flex options are likely way less than .1 of a % that it doesn't even register. Nice addition to claim you offer it but few use.
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Join Date: Feb 2018
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