Ryanair Ltd. Is Europe's First and Largest Low-Fares Airline

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Ryanair Ltd. is an Irish airline company Being founded in 1985 by an Irish businessman, Tony Ryan, Ryanair today is Europe’s first and largest low fares airline (Thomson and Bade-Fuller, 2010). Since 1991 with Michael O’Leary taking a position of CEO of the company, Ryanair in 2008 had served about 50.9 million passengers in around over 25 European countries with a total number of 163 Boeing 737-800 planes.

Ryanair currently has a big team of more than 9,000 highly skilled professionals, with a total of 81.5 million carried over passengers in the year 2013. Furthermore Ryanair has an outstanding 29-year safety record, which makes it one of the safest Airlineson the market.

Product Range

Ryanair’s flights are point to point only, in order to reduce costs (fuel charges, airport cost…). On those flights, there is no business class. Moreover, the company chose secondary airports as airport charges are lower than in main airports. The main Ryanair hub is situated in London Stansted. Ryanair services flights to more than 1500 routes from 57 bases, making more then 14000 fligths per day, with the most profitable flights are from London to Dublin. Ryanair also offers ancillary services including non-flight services such as hotels or car rental service, and services on board like online gambling or in-flight mobile phone service.

Customer segments

The efficiency of Ryanair relies mostly on its operations and processes: quick check-in and aircraft turnarounds with minimum of hold luggage. Indeed, being quick is being able to schedule more flights in a time period. Since 2006, Ryanair has used web-based check-in and priority boarding in order to save time and reduce costs (check-in staff and airport facility).This services appeal t...

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... money they pay for it.

4. Assent to deal with the bad quality in order to save money

According to the answers on the forth question from the questionnaire we used in our research about Ryanair, we can assume that the majority (60%) agrees to bear with the bad customer service, just for saving some money, meanwhile 40% of responders are not ready to endure incoveniences, the would better pay more, but stay comfortable.

5. Sudden meeting with Ryanair

The next question asked according the questionnaire was whether customers would use Ryanair's flights, if there is no other option. We asked this to understand if the desire of a good customer service is bigger than reaching the destination as soon as possible. From the diagram it is understandable that for most of the customers (70%) getting to the place they need is more important than convenience.

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