Ryanair cancelling up to 50 flights a day

buglawton

Deleted_User wrote: »

Michael O'Leary can afford a smile on his face this morning.
Monarch's collapse has taken the heat of the Ryanair story who in turn are benefiting for Monarch's woes.
The company has also completed a long-planned buy-back of shares much earlier than scheduled having taken advantage in the fall in their share price.
Which this morning is climbing back up again.
Ker-ching !

Ironically Monarch has a separate, profitable company called IIRC Monarch Engineering, that Ryanair uses a lot for servicing!

Former_MSE_Andrea

Hi everyone

You might also like to read our Ryanair wrongly denies passenger compensation for cancelled flight news story

[Deleted User]

To put things into perspective . Ryanair reckons cancelling 700,000 flights will cost them €25m.
Today they announced annual profits of €1.3bn,up 11% on the previous year.
Shares up 5% today.

prenton01

And things are back to normal

Doc_N

Which rather proves the point, I suppose, that whatever Ryanair do, however they behave, whatever laws they disregard, however bad they might be, however bad the publicity, low prices will still win out and boost their profits.

I suspect they could even cut a few safety corners, crash the occasional plane and still get enough bookings to do well.

[Deleted User]

Doc_N wrote: »

Which rather proves the point, I suppose, that whatever Ryanair do, however they behave, whatever laws they disregard, however bad they might be, however bad the publicity, low prices will still win out and boost their profits.

I suspect they could even cut a few safety corners, crash the occasional plane and still get enough bookings to do well.

Mmm,pray tell us which laws Ryanair disregard ?
And Ryanair's safety record is second to none.
What they do offer is cheap on-time flights in good aircraft to destinations that most other airlines don't bother with.
And they do it very successfully.
An honorary knighthood for Michael O'Leary is the least this country can do in recognition of his success.

Twopints

Deleted_User wrote: »

Mmm,pray tell us which laws Ryanair disregard ?

They lie about what compensation is due under EU law until forced to do otherwise when threatened by the CAA

Doc_N

Deleted_User wrote: »

Mmm,pray tell us which laws Ryanair disregard ?

Already dealt with.


An honorary knighthood for Michael O'Leary is the least this country can do in recognition of his success.

Like the knighthood given to BHS's Philip Green, perhaps?

prenton01

Twopints wrote: »

They lie about what compensation is due under EU law until forced to do otherwise when threatened by the CAA

They didn't lie
They just hadn't explained to customers about what compensation was due to them under EU regulations and putting the required information in small print

Doc_N

prenton01 wrote: »

They didn't lie
They just hadn't explained to customers about what compensation was due to them under EU regulations and putting the required information in small print

Incorrect - they gave false information and had to be brought to heel by the CAA.

The IAA seems content to let them get away with anything that they like - presumably because Ryanair's too big in Ireland to be controlled properly.