Anyone know if any UK base is having any forced unpaid leave, EMA crews are being made to have between 8-12 weeks.
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Hey, that's great news! You're in an industry that continues to soar. With Mr. Optimistic spotting countries with increasing personal income with the inevitable propensity to travel you're on to a winner. More competition and more choice. In no time at all we'll only be left with happy moaners
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This just goes to show that the bubble has now burst and the lo-co's are now exactly the same as the charter boys, well what's left of the charter boy's that is...
Cream it in the Summer (and I doubt its 'cream' these days), pour it down the toilet in the Winter... Stelios is not as stupid as he seems, listen to what he's been saying the last couple of years... Its reached saturation! |
This just goes to show that the bubble has now burst and the lo-co's are now exactly the same as the charter boys, well what's left of the charter boy's that is... Have a look here... Travel news : Passenger Figures |
EasyJet is in a lot stronger position now because it seized opportunities at Gatwick and on the continent. If it had just consolidated at bases like Luton and Stansted it would be facing more competition and earning less. If more money were to be returned to shareholders Stelios would probably waste it on a failed venture. Ryanair to double is the usual O'Leary hot-air. He can't fill the planes he's got already.
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EDI is only 7 based aircraft. There was an extra aircraft there the last 2 weekends for the mid term holidays
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Good on him, Nice to hear some positive business news for a change!!
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EasyJet is in a lot stronger position now because it seized opportunities at Gatwick and on the continent. If it had just consolidated at bases like Luton and Stansted it would be facing more competition and earning less. If more money were to be returned to shareholders Stelios would probably waste it on a failed venture. Ryanair to double is the usual O'Leary hot-air. He can't fill the planes he's got already. Ryanair full year results expected to be around £400 million (their guidance) on passenger number on roughly 79 million passengers or roughly £5 per passenger. Easyjet fares are roughly £11 (26%) per passenger more than Ryanair yet they still make less. |
Given the choice I would opt for Easyjet everyday.
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Originally Posted by racedo
(Post 6768376)
Easyjet full year results expected to be between £200-230 Million (their guidance) on 54.5 Million passengers (Actual pax numbers) or roughly £4 per passenger
Ryanair full year results expected to be around £400 million (their guidance) on passenger number on roughly 79 million passengers or roughly £5 per passenger. Easyjet fares are roughly £11 (26%) per passenger more than Ryanair yet they still make less. I have the sense that
This makes me feel that the Ryanair £5 per passenger is perhaps less robust than the easyJet £4 per passenger. But I am open to correction on both of the above assumptions. |
This makes me feel that the Ryanair £5 per passenger is perhaps less robust than the easyJet £4 per passenger. or that Easyjet makes 7.5% of the fare is profit v 11.6% for Ryanair. |
Originally Posted by racedo
(Post 6768549)
Think you should also consider this that even though Easyjet has a fare £11 more than Ryanair they are still spending £12 more....
or that Easyjet makes 7.5% of the fare is profit v 11.6% for Ryanair. A: what the passenger pays on the website when making the booking + B: what the passenger buys on board etc. + C: whatever support funding is made available from airports/regions etc and it's the sum of A+B+C, divided by the number of passengers, which is £11 more for easyJet. C seems to be both completely non-transparent and also vulnerable to reduction in the future. |
FR
A mate of mine said as much last week, but he's only a contractor, so if not required not paid.
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racedo, try getting your figures right. The profit forecast for easyJet was raised to £250 million. Ryanair's forecast is 400 million euros. More importantly, for the future, easyJet has a reasonable reputation and flies routes where there is good demand.
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racedo, try getting your figures right. The profit forecast for easyJet was raised to £250 million. Ryanair's forecast is 400 million euros. More importantly, for the future, easyJet has a reasonable reputation and flies routes where there is good demand. As for the last crack about reasonable reputation is that the one where they claim 80% on time is a success !!!!!! |
Regarding today's news that Ryanair are talking to Boeing, Comac and Russian manufacturers for a 200-300 aircraft order.
Whilst Airbus don't seem interested, wouldn't such a large order be a dream order for the launch of the 149 seat Bombardier C series? Admittedly a smaller jet than the 737-800 but it's advantage would be that it could be used on thinner European routes. Seems to me Bombardier and Ryanair could be the perfect match, Bombardier agrees to a substancial discount in return for such a large order, launching the C series into the big time vis a vis Boeing & Airbus. |
MOL has got what he wants, now start doing what you said you would do if these rates were dropped.MOL will be found out once and for all.These charges wont make a difference,the people of Ireland just dont have the money.
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Hi. I am studying for a business degree here in Australia. I am curious. Why does Ryanair polarize people so? From a business point of view they are a success. From what I can see, they have transformed the European Shorthaul market from one which was dominated by expensive national airlines to one that meets the needs of millions of ordinary people. I have been studying their corporate governance especially around the safety aspects and balance sheet which seems sound and makes them a viable going concern. So what am I missing? I have no connection with Ryanair, i have just picked them as a case study for an assignment and stumbled on PPRUNE.
Why do people love to hate MOL? There is no law or stock exchange governance which says the CEO has to be likeable. On any measure of KPIs, Ryanairs strategy looks sound, especially their aircraft leasing business. So what am I missing. I have flown with Ryanair a few years ago when I visited Europe. Yes the seating was cramped, the flight was full, but the cost was very low and the flight was on time. The list of extra charges was long, but even included, the flight was half the price of the next nearest operator. I felt I got good value from the contract, even if the experience wasnt overally pleasent. I chose price over comfort. So as I say, what am I missing? Is it just that MOL has chosen to brazenly stoke the media to promote the airline that people dont like, or is he really compromising safety for profits? Or breaking local employment laws or stock exchange rules? I see no evidence for this, but please collect me. I have studied their T and Cs which clearly states the contract you are entering into when you fly with them. Are many of the complaints because people mis understand this contract? If I was a Ryanair shareholder, to make my business model work , of course I would hold passengers to the contract they have entered in to. Again I assure you, I am purely interested in Ryanair as a business case. I have no connection with them and I am not interested in promoting them or otherwise. Its just that the reaction to anything 'Ryanair' seems overly out of proportion. So what gives? Could one argue that this is the mastery of MOL as CEO? the 'no such thing as bad news approach?' Constant promotion , good or bad, of Ryanair? I reserve the right to use any of the replies in my business report on Ryaniar. Many Thanks! Bruce. |
Stevek - passenger figures.
My post was about finance/yield, not bums on seats. You can easily increase passenger numbers by selling seats for 1p, but that isnt going to help when you are taking delivery of a new aircraft every two weeks and cant fill them at a decent yield. |
Stevek - passenger figures. My post was about finance/yield, not bums on seats. You can easily increase passenger numbers by selling seats for 1p, but that isnt going to help when you are taking delivery of a new aircraft every two weeks and cant fill them at a decent yield. Ryanair, Europe‟s largest passenger airline today (July 25 2011) announced a Q1 net profit of €139m a slight increase of 1% on Q1 last year. Revenues grew by 29% to €1,155m as traffic increased 18% and ave. fares rose 11%. Unit costs rose by 14% due to a 49% increase in fuel costs. Excluding fuel, sector length adjusted unit costs fell by 1%. http://www.ryanair.com/doc/investor/...1_2012_doc.pdf |
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