Ryanair Share Discussion Threads

[2441] 16/2/2004 18:12

Itchy,

I don't actually understand the first part or your post - or perhaps you are hinting at a ticket change which cost you £300.

From my own experience I've had to telephone RYA for a same day flight (no web bookings for same day travel) and paid €250 per return ticket (Trieste-Stansted Rtn) - that's a standard airfare and it surprised me - but I do accept it was unusual circumstances, I could have paid more to Alitalia just to 'shaft the glib oirishman' but I can also see how much I've saved over the past few years using Ryanair, Easyjet, Germanwings and Skyeurope and I don't subscribe to your view obvious view that Low Fares has not benefitted the public.

Additionally you seem to have an issue with the RYA CEO which colours your view of things.

Michael O'Leary probably needs to cease the 'small guy being picked on' publicity as RYA is now so large (Branson had to cease once Virgin had properly established itself) as it is wearing thin - however I can remember a time when no flight out of the UK could eb purchased for less than £300-£400. A time when the flag carrying cartels fixed prices and p1ssed all over the public - in fact BA had to be bailed out each year by the taxpayer.

RYA has done some deals accross europe which have been deemed 'illegal' by the EU commission - yet who has benefitted from these deals - mostly the travelling public. The 'low fares airlines' have set new rules for the industry. Good deals which benefit the traveller and airline, modest profit margins and fuller planes. I don't get it that someone can be 'angry' at this - I get to where I want and most times I have far more of my hard earned money in my pocket.

Your non-issue does little to undermine the low fares business model.

M

[itchy] 14/2/2004 19:03

£300 for the return journey a day early is not 'low budget' and you investors should be more concerned about the loss of confidence in the mgt and the business model. Everyone would love to see O'Leary shafted for his glib oirishman presentation, give me CRH anytime

[quraishim] 14/2/2004 17:54

There is no way to please some people.............I would not take any notice of these ANAL-LYSTS or moaners..........RYA are the No 1 low budget carriers and have proved before and they will do it again...........6 to 7 Euros will not take a lot of time.

[2441] 14/2/2004 10:58

itchy,

It always surprises me how many people can moan about 'abrupt staff', 'a delayed flight', 'no refreshments' or 'being charged extra for bulky or heavy baggage' when a return flight has cost less than the taxi fare fron central london to heathrow/stantsed/gatwick and often less than the train fare you'd pay to these airports.

Wouldn't it be great to see a return to £300 short flights (with coffee and sandwich).

From my experience the 'Low Fares Airlines' have a very similar baggage policy to the 'flag carriers' and much depends on the personality and opinion of the check in staff.

My advice to you would be to fly with BA each time - have the sting in advance when paying as the business model of 'low fares' seems to have passed you.

M

[2441] 11/2/2004 08:22

In the absence of other news - one can only assume that the drop on opening this morning is related to the Opec decision to cut production and raise (maintain) the price of oil into the spring and summer.

M

[bullsvbears] 10/2/2004 12:26

See recent posts re quote currency change.

[blueflame] 10/2/2004 11:27

Whats happened to the shareprice on this? Has the ticker changed? ADVFN showing a price of only 5p.

[hybrasil] 06/2/2004 07:31

Yes I too bought back in at 4.80. Everything I read about this airline seems to be very positive. I use the airline constantly. They make a fantastic effort to be on time and 6 out of the last seven flights have actually been early (the 7th was merely on time!).

[d.j. derry] 05/2/2004 21:59

Bought in just after the 30% drop.I was looking at them for some time.They were tipped by merrion stockbrokers as,i think,their main buy for 2004.If yields and passengers stabilise then this time twelve months it may be much higher but,either way happy to hold.Re the lack of interest shown by others on bb,well many are traders who are looking for swift price movements and follow small cap stocks with greater levels of volatility.

[munsterman] 05/2/2004 16:39

Hybrasil; Got it in one, this is a company with €1 B in the bank with forecasts of of €215 profits in the next year, there closest competition does not have the reserves for any sustained deep discounting. I fly with these guys twice a week and they are always full. This is a stock that got hammered on a double whammy of the EU decision and a 10% reduction in forecasts (planned press leaks by Ryanair who are very saavy on manipulating the press). The stock is worth €7-8 pre last week, the current price does not reflect last weeks news and should rebound after 2 Qtrs strong results, (and if the EU decision is reversed...it will spring back. A good chance of a 30-40% rise in 9 months....not many stocks out there with this potential/risk profile

[quraishim] 05/2/2004 16:10

Nice movement upwards.......hope to see 6 Euros........by friday. It explains the fall last week was overdone.

[hybrasil] 05/2/2004 08:58

It often amuses me how much time is given to these bulletin boards on tiny stocks and yet when you come to a company that is now a household name like Ryanair with a market cap of 3.6bn that virtually no one talks on these boards.

[hybrasil] 04/2/2004 09:59

The EU needs to wake up.
This is a stupid decision and the company is dead right to appeal.

[2441] 03/2/2004 21:48

This 'flag carrying' catchphrase is outdated despite all (including myself) using it.

In the days of true flag carriers they were government owned institutions and paid for by the taxpayer - now they are private companies and the title used is incorrect.

BA is no more a 'flag carrier' for the nation than Virgin or BMI - as it's not 'ours' any longer.

Which brings me to the argument - why should BA, Air France, Lufthansa or others receive any preferential government or EU attention/support when their shareholders are no diffirent than RYA shareholders.

The EU commission is 'thinking in the past'.

[davet1p] 03/2/2004 18:24

The European ruling against Ryanair is disgraceful, and panders to vested interests of the flag-carrying airlines, which are anachronistic and need all the competition they can get. I hope the media have a good go at the EU commissioners. It will be interesting to hear UK government view on this.

[2441] 31/1/2004 18:12

Lets face it - no matter the reason, RYA (and the other cheapies) could add a couple of quid to an average flight, still offer great fares (with occassional poor service) and cover 'fines' and revenue slips.

I for one can't see the big issue between say a €25 each way flight and a €27 each way flight - especially when the flag carriers are often offering €300 (rtn) for the same locations (although different airports).

20 or 30 million passengers multiplied by an extra couple of quid is an easy solution to any bottom line worries.

Cheap may be becomming less cheap - but the various Low Fare airlines are still way below the competition and good luck to them - without them we'd still be travelling with the cartels and monopolies.

M

[bullsvbears] 30/1/2004 14:54

Announcement that RYA is to charge an extra 50p per passenger. No doubt this will be in the "taxes and charges" and not affect the headline prices.

I suspect that first the insurance surcharge, now this and others will follow.

So it looks as if the first steps to a creeping rise in European "cheap" fares could just be getting under way.

Somehow RYA has just got to cover the costs of its forthcoming aircraft deliveries. Unless they can expand the schedules, maybe they intend to hire them out!!!

[2441] 29/1/2004 19:46

Ummm - 'heavy penalty' may be watered down if the governments start to argue over this. With the majority of airlines being private or semi-private these days and profit is the objective, one has got to examine this Ryanair Brussels issue and wonder - what if the Orkney Isles want a regular BA service and BA wants local assistance and what of Alitalia in Trieste where Ryanair I assume has also pulled deals.

This stupidity was started by Air France when they couldn't beat Ryanair prices into Strasbourg and lost marketshare - there is no doubt that Air France and others receive benefits for operating into some locations (the Irl Minister's Aer Lingus concerns below point to possible widespread benefits for airlines), so the big question is - are all deals going to be cancelled and benefits refunded or is it merely he who negotiates the best deal will be penalised.

DUBLIN (AFX) - Irish Transport Minister Seamus Brennan said he will take
Ryanair Holdings PLC's problems over subsidies allegedly paid by its Charleroi
hub in Belgium to the next meeting of his EU colleagues.
In a statement issue by his ministry, Brennan said the Irish EU presidency
cannot intervene directly in any European Commission ruling against the budget
airline, which is expected to be ordered to refund 3-10 mln eur in subsidies by
the airport and the Walloon regional government.
He said it would also be inappropriate for Ireland to take a position
specifically in favour of Ryanair, but that he nevertheless wants the issue
discussed at the next Transport Ministers' council.
Brennan said he discussed Ryanair with Transport Commissioner Loyola de
Palacio on Tuesday, making the point that any move to penalise the no-frills
airline could also have implications for flag carrier Aer Lingus and regional
airports in Ireland.

[qunatum] 29/1/2004 14:04

Converted back to pence, RYA in now trading at 319.5p

[techmark] 29/1/2004 11:04

It's priced in Euros now.

[wholden] 29/1/2004 09:06

has there been a major share split? 500p to 4p just a slight price fall

[2441] 29/1/2004 09:05

Although I agree with all previous comments re: budget airlines. As someone who travels a lot at my own cost (or rather my own company's cost) I use the budget airlines and expect no frills (timekeeping included) - my basic argument is "ok I'm an hour later than I expected, I've had no sandwich, the staff were abrupt etc etc - but I've saved €300 and that is the key to return customers"

Although I must say that I've not flown Ryanair in quite some time, but have flown Sky Europe (Slovak/Hungarian) and German Wings (German) and they are similar to my memories of Ryanair.

I think the argument is similar to the 'taxi or bus' philosophy - and for many the cost of a taxi cannot be justified for regular trips even if the bus is 'late'.

The one issue I have with the Telegraph report is the final line where they talk of landing charges rocketing - any ruling no matter how aggressive will impact approx 20% of Ryanair airports only.

M

[qunatum] 29/1/2004 08:41

Telegraph.
City comment
Edited by Neil Collins (Filed: 29/01/2004)


Even high flyers can run out of hot air

• Ryanair shares plunge on profits alert

Bump. It's the sound of Michael O'Leary, the Ryanair boss, coming down to earth. Ever since Ryanair floated in 1997 he has defied gravity, held aloft on the airflow of Irish charm and invective.

Under Cap'n O'Leary, Ryanair profits have soared, thanks to charging silly fares to fly people to within half a day's ride of their destinations. If the plane's late or you miss your flight, too bad.

It hardly looks a promising business model for these customer-friendly times, but Mr O'Leary has changed the market in European travel, helping local businesses and map publishers, all off a cost base to make BA's Rod Eddington weep. Now the days of turbo-charged growth are over.

Mr O'Leary has had both wings clipped, and yesterday did a pretty good Icarus impression. He flapped at those (various expletives deleted) communists at the European Commission and their forthcoming Charleroi ruling, but he has only himself to blame for yesterday's shocker of a profits alert.

Put simply, he has expanded the airline faster than the market can bear, doubling capacity in two years, so fares are falling to even sillier levels, demonstrating that even Ryanair cannot escape the law of supply and demand. Punters have resisted the temptation to spend all their free time jetting off to Haugesund or Pau, even if Ryanair gives the seat away.

Meanwhile, Mr O'Leary faces rising costs from the EC's Charleroi ruling, which he expects next Tuesday. He reckons the big discounts at publicly owned airports, which underpin his business model, look certain to be outlawed. Paying back "even 50m" of discounts taken so far is not the issue, he says. He's right.

The threat is that Ryanair's landing costs will rocket or it will have to restructure its network to fly only to private airports. Please fasten your seatbelts. There's some nasty turbulence ahead.