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O'Leary: Ryanair must move away from low fares

Done a quick search, apologies if its been posted before.

Even O'Leary admits that the current Ryanair business model is unsustainable:

http://www.guardian.co.uk/business/2010/sep/12/ryanair-move-away-from-low-fares

Shock horror! Flying people to Europe for under a tenner isn't sustainable!

Comments

  • melb
    melb Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    but I wonder how many of the passengers on any given plane have actually paid under a tenner for their ticket. have you ever looked at flight prices to popular holiday destinations in school holidays a couple of weeks before the departure date? they're sky high and presumably some people are buying them so the average price per ticket will be much higher. I know I'm stating the obvious but maybe that's how it works - plus all the extras add up and they're about 95% profit.
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