Ryanair reports 46% fall in quarterly profit
07-22-2024, 06:57 PM
#1
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Ryanair reports 46% fall in quarterly profit
https://www.cnbc.com/2024/07/22/ryan...ly-profit.html
https://www.marketwatch.com/story/ry...onths-6ee52747
This is the business model Barry wants to copy cat?
Uh...?
https://www.marketwatch.com/story/ry...onths-6ee52747
This is the business model Barry wants to copy cat?
Uh...?
07-22-2024, 10:23 PM
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https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html
https://www.marketwatch.com/story/ryanair-expects-slump-in-air-fares-over-key-summer-months-6ee52747
This is the business model Barry wants to copy cat?
Uh...?
https://www.marketwatch.com/story/ryanair-expects-slump-in-air-fares-over-key-summer-months-6ee52747
This is the business model Barry wants to copy cat?
Uh...?
RyanAir CEO says that demand is up but prices are "softer" than expected? Why is that? What is driving down the price? Competition? Poor customer service?
He sites higher staffing costs and Boeing woes but those seem like cost issues.
07-23-2024, 07:44 AM
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I'm not too adept at economics so maybe someone can explain it.
RyanAir CEO says that demand is up but prices are "softer" than expected? Why is that? What is driving down the price? Competition? Poor customer service?
He sites higher staffing costs and Boeing woes but those seem like cost issues.
RyanAir CEO says that demand is up but prices are "softer" than expected? Why is that? What is driving down the price? Competition? Poor customer service?
He sites higher staffing costs and Boeing woes but those seem like cost issues.
my opinion, worth exactly 2 cents
07-23-2024, 08:46 AM
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I suppose this is what happens when every single airline thinks they are going to grow like crazy. I think we will see some contraction in domestic capacity.
07-23-2024, 10:17 AM
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Agreed. While I'm not really familiar with the european market, here in the US, we have an oversupply of capacity in the domestic market. Even Ol' Ed Bastain is crying uncle. I'm sure the legacies are losing tons on their domestic routes.
I suppose this is what happens when every single airline thinks they are going to grow like crazy. I think we will see some contraction in domestic capacity.
I suppose this is what happens when every single airline thinks they are going to grow like crazy. I think we will see some contraction in domestic capacity.
I wouldn’t bet against Frankie and Biffle though Things always change. Deltas recent meltdown and SWA’s close calls. Travel can change at the snap of the fingers.
07-24-2024, 12:14 PM
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I wonder how much of this demand we would be pouncing on if we didn't ******* off passengers for the last 4-5 years. Mainly recently since covid (pre covid I actually flew frontier a lot with little issues and no complaints)
So many people are anti frontier solely because of our CS and performance...
So many people are anti frontier solely because of our CS and performance...
07-24-2024, 12:31 PM
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do we have any statistics showing "repeat customers" ?
it indeed would suck if Barry had all the post-COVID pent up travel-boom and he p1ssed all of them off.
whatever happened to the interface with corporate travel networks, allowing them to book business travel? Haven't heard jack about that in six months.
it indeed would suck if Barry had all the post-COVID pent up travel-boom and he p1ssed all of them off.
whatever happened to the interface with corporate travel networks, allowing them to book business travel? Haven't heard jack about that in six months.
07-24-2024, 06:30 PM
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do we have any statistics showing "repeat customers" ?
it indeed would suck if Barry had all the post-COVID pent up travel-boom and he p1ssed all of them off.
whatever happened to the interface with corporate travel networks, allowing them to book business travel? Haven't heard jack about that in six months.
it indeed would suck if Barry had all the post-COVID pent up travel-boom and he p1ssed all of them off.
whatever happened to the interface with corporate travel networks, allowing them to book business travel? Haven't heard jack about that in six months.
I can't imagine that we haven't hurt those numbers in the last year. Between the bag shakedown and the poor performance and trapping passengers on planes waiting for gates we have to be pushing people away
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