QUOTE AND NEWS
newratings.com  Aug 25  Comment 
DUBLIN (dpa-AFX) - Ryanair (RYA.L, RYAAY) announced it has launched Ryanair Car Hire, effective 1st September 2015, as the latest in a series of improvements under Ryanair's "Always Getting Better" programme. The company also announced a new...
BBC News  Aug 21  Comment 
Ryanair loses a test case over flight delays, which could affect compensation claims being made by millions of passengers.
guardian.co.uk  Aug 21  Comment 
Court ruling opens door for claims from passengers who have been delayed or ‘bumped’ amounting to ‘hundreds of millions of pounds’ Ryanair has been told it cannot impose a two-year time limit on passengers’ claims for compensation for...
newratings.com  Aug 19  Comment 
DUBLIN (dpa-AFX) - International Consolidated Airlines Group S.A. (ICAGY.PK, IAG.L) said that it has received confirmation of the valid acceptance of its Offer for Aer Lingus Group plc (AERL.L) in respect of all the Aer Lingus shares held by the...
New York Times  Aug 18  Comment 
Ryanair on Tuesday formally agreed to sell its stake in Aer Lingus to British Airways owner International Airlines Group, giving IAG the approval of over 90 percent of shareholders in Ireland's former flag carrier.
MarketWatch  Aug 16  Comment 
An airline is launching a program to weigh passengers before boarding — and it’s neither (a.) a new means of tacking on fees nor (b.) nor a trial balloon floated by Ryanair’s iconoclastic CEO nor even (c.) a hoax.
Clusterstock  Aug 5  Comment 
Did you wonder why your flight last month was so packed? Ryanair 's July passenger traffic zoomed up 11%, to break the 10 million barrier. The Irish no-frills airline claims to be the first ever to carry more than 10 million passengers in a...
Financial Times  Jul 27  Comment 
Irish low-cost carrier’s move to put pressure on Lufthansa and Air Berlin
Wall Street Journal  Jul 27  Comment 
Ryanair’s aggressive capacity growth this winter is likely to put pressure on the budget airline’s competitors.




 

Ryanair is a low cost airline that offers point-to-point service on more than 1,100 scheduled short-haul flights per day to over 147 locations throughout Europe and all over the world.It carried approximately 58.6 million passengers in the fiscal year 2009. In 2009, it had €2.71 billion in revenues, an increase of approximately 8.4% from 2008. Ryanair did, however, report that it incurred a net loss of €169.2 million in 2009 after earning a net income of €390.7 million in 2008. The Airlines is based on a low-fee, structure, for which the ability to secure low-cost labour, services, and jet-fuel are essential. Although it has limited costs by negotiating low fees with many airports, it remained subject to rising fuel costs. To decrease costs, the company has specifically chosen many of its destination airports because they have low fee structures or because the company was able to negotiate lower airport fees. The company earns most of its revenue in euro or sterling and has many of its expenses in dollars; however, it has hedged against currency fluctuations to minimize the risk it is exposed to.

Ryanair offers more than 1,100 scheduled short-haul flights per day to more than 147 locations throughout Europe and Morocco, with 26 locations in the United Kingdom and Ireland. The company carries approximately 45.5% of all scheduled traffic between London and Dublin, its primary route. In 2009, Ryanair incurred a net loss of €169.2 million on €2.94 billion in total revenue. This represents a 143.3% decrease in net income from €390.7 on €2.23 billion in total revenue during 2008.Ryanair operates through one reportable operating segment. It analyzes its revenues by geographical area in two segments: Airport charges, or fees that airlines must pay in order to use airports, are rising significantly throughout many of Ryanair's hubs. Although the company was often able to arrange lower fees than rival carriers through legal action, choosing airports that are further away from destinations than standard airports, and brash negotiations, fees are now increasing as a result of contract expirations, challenges from competitors, and airport authority decisions. Because being able to negotiate low airport costs constitute an important part of Ryanair's low cost-structure, Ryanair consistently fights price increases in court in an effort to keep its costs down. One such example is being played out at Stansed Airport in 2008. An April 2008 increase of Stansted's airport charges by 15% has caused Ryanair to enter into legal action against the British Airport Authority; however, the company has stated that it does not believe that it will win the legal action. , "Ryanair expects to lose BAA battle", August 8, 2008, The increase in prices at Stansted airport has now become a factor in the companies decision to cut some service from that airport. , "Ryanair grounds aircraft with winter cuts," July 18, 2008, The company has decided to ground 15 aircraft operating on the Dublin-Stansted route during the winter starting in the 2008-2009 year. In total, it grounded approximately 250 flights at Stansted's airport. "Ryanair warns of potential losses", July 28, 2008, If airport charges increase to the point that a route is no longer profitable or sustainable, as they did at Stansted, Ryanair will cut those unprofitable flights, which could decrease profits if more suitable routes are not found. Over one third of Ryanair's operating expenses are allocated to jet fuel expenses - fluctuations in Oil prices directly impact RYAAY's profitability. Ryanair's revenues are primarily denominated in U.K. pound sterling and especially the Euro. Ryanair buys jet fuel and other supplies in US dollars, so an increase in the U.K. pound and Euro's value against the dollar is beneficial for the revenue of the company. After the Open Skies Treaty of 1992 created freedom of air transportation within the European Union, the number of low cost carriers ("LCCs" within the European Union increased dramatically. Ryanair competes with these other LCCs in Europe, like EasyJet,Air Berlin, and Vueling Airlines.

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