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Thread: Ryanair 2011 half year results

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    Default Ryanair 2011 half year results

    News : Ryanair Half Year Profits Rise 17% To ?452m

    Ryanair half year results show a 17% increase to 452 million which goes to prove just because its a recession doesn't mean well run businesses can't consistently make money.

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    Impressive results, passenger numbers and revenue up. Their success is surely down to MOLs almost fanatical obsession with costs. Not many companies can grow like this and keep to their core low cost model.

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    Quote Originally Posted by odie1kanobe View Post
    News : Ryanair Half Year Profits Rise 17% To ?452m

    Ryanair half year results show a 17% increase to 452 million which goes to prove just because its a recession doesn't mean well run businesses can't consistently make money.
    Perhaps you can explain why the share price fell yesterday after all the good news?

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    Politics.ie Member Aindriu's Avatar
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    It was also reported that the figures can be attributed to exorbitant on-aircraft prices, high baggage fees and fees for airport check in.

    The base line price may be cheap but their other prices are at rip off levels and they treat passengers worse than cattle. They don't handle baggage too well either. Because they refuse to use cages, all bags are thrown into and out of the hold by the handlers. This causes damage to bags and their contents.
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    Quote Originally Posted by cobra View Post
    Perhaps you can explain why the share price fell yesterday after all the good news?
    Probably wasnt a good day for airlines in general . CIA/MI5 were up to their old tricks again . In Yemen .

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    Quote Originally Posted by odie1kanobe View Post
    News : Ryanair Half Year Profits Rise 17% To ?452m

    Ryanair half year results show a 17% increase to 452 million which goes to prove just because its a recession doesn't mean well run businesses can't consistently make money.
    "Well run" as in low costs, low standards and treat staff like dirt..oh yeah! As long as the profits are good, it seems that is the only barometer........no matter how staff and gullible customers are treated along the way....

  7. #7

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    Quote Originally Posted by Aindriu View Post
    It was also reported that the figures can be attributed to exorbitant on-aircraft prices, high baggage fees and fees for airport check in.

    The base line price may be cheap but their other prices are at rip off levels and they treat passengers worse than cattle. They don't handle baggage too well either. Because they refuse to use cages, all bags are thrown into and out of the hold by the handlers. This causes damage to bags and their contents.
    How exhorbitant when prices are less than what one pays in centre of Dublin, there is no requirement to buy anything onboard if you don't wish to.

    As for baggage fees, a decision to reduce checked bags and amazingly on flights I have travelled on over the last year the number of bags you see being taken across to the plane are quite few. Funny when money is involved passenger behaviour changes quite dramatically.
    People can always fly with someone else to a different airport if they don't wish to pay baggage fees if they can find an airline which doesn't charge them.

  8. #8

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    Quote Originally Posted by cobra View Post
    Perhaps you can explain why the share price fell yesterday after all the good news?
    You know little.

    Share prices rarely change that much when a company announces its results unless they are spectacularly bad, at the AGM in Sept the company gave an update on its forecast and unsurprisingly the market prices in this data.

    Prices changes yesterday hit the whole sector as everybody got marked down on the worry about the Yemeni parcel bombs, reality is that this will effect the airlines which carry freight in the hold quite substantially in costs while carriers like Ryanair and Easyjet don't carry freight.

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    Quote Originally Posted by flexbrowne View Post
    "Well run" as in low costs, low standards and treat staff like dirt..oh yeah! As long as the profits are good, it seems that is the only barometer........no matter how staff and gullible customers are treated along the way....
    Evidence of low standards please.

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    Politics.ie Member Hewson's Avatar
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    Ryanair is one of our great success stories and O'Leary is a national treasure we should nail down so he's never tempted to work anywhere else. Irreverent, straight-talking, no BS, arrogant and hugely influential in the airline business, he should get the freedom of Mullingar!

    The people who continually moan about Ryanair have plenty of choice for traveling. We've been freed from the shafting and shackling of the Aer Lingus and Brit Airways monopoly that ruled for too many years. It's now cheaper to fly to London than it was thirty five years ago.

    Ride on, Micko!
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