Ryanair problems?
 

Just heard on BBC news that the airlines just had a terrible year.

As many of us travel with them I wonder what is going to happen now with their flights to Spain. Obviously there were signs for anyone who cared to think about news recently about flight cuts.

Looks like it's going to cost us a lot more to get to and from Spain!!

Re: Ryanair problems?
 

That figures, but I'd rather pay a bit more, even on flights I have booked than have them cancel on me.

Re: Ryanair problems?
 

The analysts all say they need to double fares immediately, but their response is to cut fares by 5% on average.

Can't complain really. I've been struggling to pay more than around £35 all-inclusive for a return trip to the UK for months and months. In fact I don't think I've paid more than 1p for a flight in the last six months!! Can't be bad :thumbsup:

Re: Ryanair problems?
 

what has hapen to the airline was its fuel bill rose 93% in its first quarter and fuel now represents almost 50% of total operating costs.
most airline had booked there oil at prices from 75 - 100 dollers while Ryanaer did not and gamble on the price going down not up and been cought out

thats what has happen to them and you going to see most there prices going up by 25 euros Avg price will be around 69.00 euros per ticket and then add your cost after that

ground plane will heppen them out with costs
Oct nov And again Jan/feb2009
there are going to be selling there frist row seats and 11- 12 r 13 row seat at cost form sept 08 , i wasnt told what price but not going to be cheap and online booking and Chq in are going to cost aswell

Re: Ryanair problems?
 

They've just cancelled their Valencia 'slot' so they won't be flying into there for the foreseeable future.


I can't see how they can survive much longer unless they take drastic action NOW!

Re: Ryanair problems?
 

According to the "expert" interviewed by the BBC they will survive but just not as we know them now.

Re: Ryanair problems?
 

Michael O'Leary claims Valencia has one of the highest landing fees of any AD in Europe. Cost cutting usually starts with the most expensive things first!

According to Round Town News:

http://www.roundtownnews.co.uk/index...5670&Itemid=31

Re: Ryanair problems?
 

I dont think there is any risk of Ryanair not surviving, they've got some pretty major backers behind them and they pretty much expected these types of figures for this year. I have no doubt they'll be cutting a lot more of their current routes though and no doubt they'll be back to making bumper profits again next year.

Re: Ryanair problems?
 

I do wonder how much Ryanair makes on the side through tickets sold and never used as people buy cheap tickets real early and then find they have to change plans.

Re: Ryanair problems?
 

ha there lot momey behind them and there there years that did make money , rain day fund

dose any one know what airport do charge ? that all the airports in EU , i think we sould see them

well that the airline bussines it up and down .....

there problem in the state own airlines , Lufthansa walk out yesterday that was strike ..... see more them and few less off them flighting

Re: Ryanair problems?
 

Valencia always used to be the cheapest route for us from Coventy .... one of the reasons I was given was that Valencia had low landing costs.

Maybe with the new building there and the Americas Cup they got greedy!

Re: Ryanair problems?
 

Ryanair are the most convenient airline for me as they go from Girona to all the places in the UK where I have relatives. In the last couple of weeks I have received an email from them nearly every day advertising 'special offers'. These have ranged from no cost seats - pay taxes & other charges only to special discounts on certain routes or return fares.

I think their strategy is this.
1)Try to get as many bookings as possible now for the winter season.
2) Review these bookings and then cancel all the flights that don't have much interest shown in them.
3) Charge higher prices for the remaining seats on the flights they plan to run
4) Increase all the charges for 'extras and admin' eg using your credit card, priority boarding etc.
5) Look for other ways to charge extra (can there be any??!)

Mr O'Leary is one shrewd operator. He is still making a profit even if it is reduced. I can't see them going bust.

Meanwhile BA are looking to merge with Iberia to stay alive.

Rose

Re: Ryanair problems?
 

I think you're spot-on with the strategy. Book now and hope that they don't cancel the flight... because next year these offers could be gone for good.

Re: Ryanair problems?
 

At the end of the day, I suspect that Ryan may go up a bit, but will still be a comparatively cheap airline.

Works for me.

Re: Ryanair problems?
 

Ry6anair ONLY made 24 million profit in the 6 months to end of jUne, yes a fall of 85%, but they did make 110 millions last 6 months, They will just cut porr booking routes, and offer better deals on popular routes. Thye MAY increase costs for airport check in etc, but online bookings and check in will remain their goal, 100% like that and they will save a load of money at airports.