15 years
All great quotes and very interesting for the industry.
But I would like to know what do you make of it all. What is true and what does it mean for the guests coming via ryanair to our hostels?
Thanks
Ryanair Profits / Losses
Hostel Trends and News
Ryanair in the news today:
Ryanair says profit to grow in 2009/10 -CFO
http://uk.reuters.com/article/hotStocksNews/idUKWLA643420090202
Irish airline Ryanair (RYA.I) expects to report a higher profit in its 2009/10 business year than in the current year ending in March, Chief Financial Officer Howard Millar said on Monday.
Fuel price hedge hits Ryanair
http://www.ft.com/cms/s/0/a8df38d8-f109-11dd-8790-0000779fd2ac,dwp_uuid=e8477cc4-c820-11db-b0dc-000b5df10621.html?nclick_check=1
Ryanair fell heavily into loss in the three months from October to December largely due to a surge in its fuel costs.
It forecast yesterday it would return to significant profit in the next financial year to March 2010, due to the steep fall in the oil price in recent months and in spite of a sharp drop in average fares. Ryanair shares rose by 2.8 per cent in afternoon trading in Dublin to €2.96.
Ryanair loses £90 million Budget airline reports massive losses
http://www.which.co.uk/news/2009/02-feb/ryanair-loses-90-million-167792.jsp
Budget airline Ryanair said that it had lost £90.3 million but that passenger numbers had actually increased.
Ryanair said that its move into the red, in quarter three of 2008, was almost entirely due to the soaring price of oil.
Its average fare also fell by 9% to lure cost-conscious travellers.
- Comments
15 years
I thought it was interesting that all three articles were posted on the same day. The Reuters' article that talks about the forcast for increased profits doesn't mention the profit loss at all.
Ryanair seems to be very optimistic, even talking about flights to the USA. I don't know what it all means, but I'll post more news as it happens.
15 years
Interesting you mention flight to the USA. As this will be amazing news and good PR for Ryanair they are not even close to get this started untill maybe 2013 but even if they do it then it would be a great achievement for Ryanair. This was also mentioned during a presentation from Sales & Marketing guy of Ryanair.
The most important factor Ryanir mentions for exspansion is the cost of the airport, once this is low enough ryanair will go in and almost create traffic.
I think a example is Krakow in Poland
But I agree it is interesting that three different version appear of the same company. Another reason might be if the writer like the company or not as there are people who love Ryanair and some that hate them.
15 years
Another reason might be if the writer like the company or not as there are people who love Ryanair and some that hate them.
Why do some people hate Ryanair?
(I've never flown on them.)
15 years
I have never tried to fly on Ryanair but I dislike them from what I have read about them. They are cheap, then they add this and that for things which have always been considered normal, eg carrying luggage, or use of wheelchairs. (When the governments told them they must not charge for use of wheelchairs, they made a big thing about adding a fee to all passengers to cover this service). The boss is a pompous (censored). I have heard negative things about their attitude. Whereas, I have travelled numerous times by Easyjet and never had any of these experiences, they have always been smooth and helpful.
However: I have just reurned from Madeira. While we waited for our 4-hour-delayed plane to arrive from Birmingham (where it was caught by the English snows), we saw that nearly all the Easyjet flights had been cancelled. Someone commented that, when there is such an emergency, they cancel the longer flights first, because they would rather run 2 short flights than one long one because it is more profitable.
15 years
They are cheap, then they add this and that for things which have always been considered normal, eg carrying luggage, or use of wheelchairs.
In addition to the fees for carrying luggage my favorite charges are the "paying by credit card" fee (when the only option is to pay with a credit card) and what I call the "being a foreigner" fee. You can check in online if you're an EU citizen, but otherwise you have to check in at the desk, which they charge you for.
If you replaced American Airlines with Ryanair in this article: http://www.hostelmanagement.com/forums/out-of-control-airline-fees.html you wouldn't be all that far off.
15 years
They are cheap, then they add this and that for things which have always been considered normal, eg carrying luggage, or use of wheelchairs.
I just found this article about how Ryanair is planning on charging £30 if you can't fit your duty-free items in your single carry-on bag, "no exceptions".
Under the hand luggage rules, any passenger who attempts to board with more than one piece of hand lugage will be charged £30 at the departure gate. If they refuse to pay the extra fee, they have the option of dumping their purchases at the gate or missing their flight. The hand luggage weight limit is 10kg, with maximum dimensions of 55cm x 40cm x 20cm. As well as duty free purchases, laptops and handbags will have to be contained in the single piece of hand luggage to avoid the fee.
The comments on the article are interesting.
I was curious about taking my guitar on the plane and found this:
Smaller musical items such as a guitar, cello, violin or viola which exceed our cabin baggage dimensions may be carried in the cabin if a seat for it has been reserved and the appropriate fare paid. There is no checked baggage allowance associated with the purchase of an extra seat. Online check-in is not available when you have booked an extra seat for a musical instrument.
Ridiculous...
(All major airlines I've been on allow carrying on guitars for free and putting them in the overhead racks or coat closet.)
15 years
Ryanair placing a huge order for new planes:
http://www.ldpbusiness.co.uk/liverpool-news/national-business-news/2009/02/04/ryanair-plans-a-spending-spree-as-credit-crunch-bites-96026-22849424/
BUDGET airline Ryanair is negotiating with Airbus and rival American aircraft manufacturer Boeing about buying 400 short-haul aircraft, one of the biggest orders ever placed by a carrier anywhere in the world.
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