Ryanair Share Discussion Threads

[kod3001] 22/3/2003 00:55

Chief Squirrel. I agree, I bet they're a terrible company to work for, worse still they're a nightmare when things go wrong (missed flights/cancellations etc.). ...

but even if their key staff walk out the door there will always be someone to fill their boots.

Unlucky for the employees, but mostly good for company profits and shareholders.

[chief squirrel] 22/3/2003 00:16

fair points kod3001 but the facts remain that RYA'S way of dealing with their own staff and customers is not a winner a the moment, despite what they now claim; they've got to sort this out before their key staff walk out the door..

[mickconn11] 20/3/2003 11:28

NATS increase in prices will result in Ryan Air charges going from E70 to
E100 per flight the Irish Independant reports.

[kod3001] 20/3/2003 10:44

Chief Squirrel... interesting reading from The Standard. I have to say I don't agree though.

Sorry to say I don't hold Ryanair at the moment, but I do hold Easyjet and I like to draw comparisons between low-cost airlines.

In defence of 'cheap-frills' airlines:
- why would any business traveller pay £400 to BA for a flight from London to Scotland, when they can pay less than a quarter to Easyjet. All you miss out on is a meal. If you're really desperate you can buy a snack on board.

- everytime I have flown with Easyjet (recently flown Liverpool-Belfast) half a dozen times. Luton-Glasgow several times. Luton-Geneva couple of times. In the majority the flight has been on time, and every Liverpool-Belfast flight arrived early. Why can Easyjet, and even Ryanair achieve this? Because they can achieve a fast turn around (which also reduces overhead significantly)
1. Boarding system (bus style)
2. Clear the rubbish before they land
3. Fly from quieter airports in the UK - hence less ATC restrictions and delays

- to some degree, I think Easyjet has got the better deal for flying out of Luton considering it has a better connection to the centre of London - 20 minutes on the train.

The way I see it over the medium to long term is that budget airlines can only grow while the giants decline. Consider the number of routes that Easyjet and Ryanair has in relation to BA for example. Very few. As the budget airlines purchase more aircraft and increase their number of routes, passengers will defect from BA and go cheap.

Why will Easyjet and Ryanair get repeat passengers? because they're cheap, simple really.

[ttg100] 11/3/2003 13:34

Ryanair voted "worst no-frills carrier"


UK: Consumers' Association survey puts Irish airline at the bottom of the pile


Nearly 20,000 members of the Consumers' Association have been polled on their preferences for no-frills carriers – and Ryanair has been voted the worst of all.


As reported by News From Abroad in recent weeks, the Irish carrier seems to have upset most sectors of the travel industry by ditching 12 routes out of Stansted airport, grounding all of its rival Buzz's fleet for the month of April after taking the airline over, and reversing a decision by Buzz to set up a base at Bournemouth.


Though Ryanair won first prize in the survey for offering value for money, it was put in 30th place overall with low marks for catering, leg room, cleanliness, seat allocation and its lavatories.


Kim Winter, of Holiday Which?, the Consumers' Association magazine, said: "More than half of our members would definitely recommend bmibaby, Buzz, easyJet and Go to a friend. Among the no-frills airlines, only Ryanair scores less than 50 percent."


Ryanair, for its part, defended its position: "Consumers are voting with their feet and the increase in Ryanair's passenger numbers speak for themselves. This year we will continue to grow at 30 percent-plus by adding new routes, new aircraft, and by lowering fares by at least five per cent."



newsfromabroad 11-Mar-2003

[mikeatwork22] 06/3/2003 00:35

=== last trade at over 2 million a share... ===

[bonnard] 04/3/2003 00:33

Sunday Telegraph yesterday said " Keep Selling ".

[boram] 03/2/2003 20:13

Ryanair Q3 Interims are out tomorrow.

[chief squirrel] 31/1/2003 17:02

i see the mkt makers are having fun and games today!

[melfaraj] 31/1/2003 08:46

technically has bounced up from support. massive profits despite the general gloomy predictions on cheap flights operators in general. in this desperately sick market it has become so fashionable, as people has run of ideas, to tarnish anything that smell of innovation or risk.

my family always travels rya. lock in to their website, choose your journey destinations and times, pay by credit card and print out your ticket. ah, don't forget to turn up at the airport in time!

[hilly] 31/1/2003 07:52

Buying Buzz - Good news ??

[chief squirrel] 29/1/2003 10:35

given current world financial meltdown isn't RYA biting off more than it can chew?!

Ryanair launches 5 new routes from London to Germany, France, Norway, Holland
29/01/2003 10:19:15
LONDON (AFX) - Ryanair Holdings PLC said it is launching five new routes from London Stansted Airport to Reims and Pau in France, Haugesund in Norway, Maastricht in the Netherlands and Dusseldorf (Niederrhein) in Germany.

It has also announced details of increased flights to 11 destinations across Europe, with fares on these new routes starting from 49.99 stg.

[tom.b] 29/1/2003 09:20

Story of "no show" passengers is breaking in Ireland.. Calling for Airport and service charges to be refunded to those who don't travel.....£25-30 million refunds called for...Could be tricky for Ryanair to escape....hence selling

[mickconn11] 29/1/2003 08:51

A lot of early selling this morning.

Looks like very little support even after the recent falls.

Currently 385-390 at 8.50am.

[chief squirrel] 28/1/2003 10:48

where's the 'chute?!!!

[chief squirrel] 24/1/2003 17:02

Thursday 23.01.03

The general strike has set off a flight of capital from the country and crippled the country's ability to export oil.

Before the strike, Venezuela was the world's fifth-largest exporter of oil and supplied 12 percent of U.S. oil imports. That has been reduced to a fraction -- resulting in long lines at gas stations in Venezuela and reduced foreign reserves.

In an effort to stem the outflow of money, Venezuela's central bank Wednesday closed the foreign exchange market for five trading days.

The bolivar is down 24 percent since the strike began.

[chief squirrel] 24/1/2003 14:43

Venezuela oil strike costing TotalFina, other cos 6.7 mln usd/day -consultancy
23/01/2003 06:37:21
LONDON (AFX) - The general strike in Venezuela is costing the 10 largest foreign oil companies operating there a combined 6.7 mln usd a day in lost revenue, the Wall Street Journal quoted a report by consulting firm Wood Mackenzie as saying.

TotalFinaElf SA is losing most, at 1.4 mln usd. Wood Mackenzie said the French firm has lost 74,650 barrels a day of production through its interest in two Venezuelan projects.

ConocoPhillips, whose production is down 73,000 barrels a day, is losing an estimated 1 mln usd.

The other companies losing money are ENI SpA, Exxon Mobil Corp, ChevronTexaco Corp, Royal Dutch/Shell Group, Statoil ASA, Repsol YPF SA, BP PLC and PetroCanada.

Wood Mackenzie says Petroleos de Venezuela SA, the state-owned oil company, is the biggest loser of all, though the report says it is impossible to measure the cost of the strike to the company.

[chief squirrel] 24/1/2003 10:15

freefalling..

[chief squirrel] 22/1/2003 15:12

The strike has severely disrupted the oil industry, which provides half of government revenue for Venezuela, the world's fifth-largest petroleum-exporting nation.

Production is down to 800,000 barrels a day according to the government, though opposition leaders put the figure at 400,000. Venezuela produced 3 million barrels a day before the strike.

[chief squirrel] 22/1/2003 14:48

Carter offers proposals to end Venezuelan strike
Tuesday, January 21, 2003 Posted: 2:20 PM EST (1920 GMT)



Venezuelan President Hugo Chavez speaks with former U.S. President Carter after a meeting Tuesday in Caracas.


CARACAS, Venezuela (CNN) -- Former U.S. President Carter has proposed two alternatives to end a strike that has crippled Venezuela's economy and damaged the world oil market: hold new presidential elections or agree to wait for a binding referendum in August.

Carter has been in Venezuela trying to mediate the crisis between President Hugo Chavez and opposition leaders.

Speaking Tuesday, Carter said the two sides have welcomed the proposals for consideration and "want to reach an agreement."

In its eighth week, the strike has put pressure on Chavez to step down and hold early elections. Opposition leaders accuse him of operating an undemocratic regime that hurts the people.

The presidential term is six years. Under the Venezuelan Constitution, a referendum is held midway through the term. If the president loses, new elections are held. The referendum on Chavez is scheduled for August 19, but opposition leaders have insisted that time frame is too long to wait.

The opposition has pushed for a nonbinding referendum in February, which could help build international pressure for elections sooner. The opposition collected the necessary number of signatures required under Venezuelan law to hold a nonbinding referendum, but the government refused to acknowledge the petition. The opposition then appealed to the Supreme Court, which has yet to rule.

Carter said the strike could come to an end if the two sides agree to either of his proposals.

He did not say how long the presidential term would become if the country's constitution was amended to allow for early general elections.


A student walks past soldiers guarding the palace Tuesday in Caracas.


Carter, last year's winner of the Nobel Peace Prize, often has monitored elections around the world. When asked Tuesday whether he would be willing to monitor elections in Venezuela, Carter said his foundation has been invited to assist and will do what it can. But, he said, the decision belongs to Venezuela's people.

Carter said he would speak Friday with the Group of Friends of Venezuela at a meeting in Washington. The group, which includes the United States, Spain, Portugal, Mexico, Chile and Brazil, was created last week in Quito, Ecuador, at the suggestion of Brazil's new president, Luiz Inacio Lula da Silva.

Carter also has met with leaders of the Organization of American States, which has been brokering talks.

Carter said that no one thought the strike would last 50 days, and no one wants to see it go on weeks longer.

The strike has crippled oil exports in Venezuela, which was the world's fifth-largest exporter, and cost the country billions of dollars.

Fighting between protesters and government troops has turned violent at times.

[chief squirrel] 21/1/2003 10:52

who wants to get on a plane when all about us there is about be WAR?!!

and also with the violent police clashes in Venezuela and subsequent shortage of OIL from that region and WAR, the price of fuel is set to rocket surely
and RYA'S margins are thin enough as it is.

[huwrayhenry] 20/1/2003 19:55

Going down......

[chief squirrel] 20/1/2003 16:50

Quote 4.11.2002

'However, it warned that profits were unlikely to grow as swiftly over the next six months, describing the latest set of results as exceptional'

is this what we're seeing happen right now?

any opinions?

& with the prospect of WAR surely people will hold back from booking that
spring/summer break right this minute even if it is just within Europe
and cheap?

some recent trades today..

Summary
Totals Quantity Deal Value (£)
Total Buys (7) 160,149 683,880
Total Sells (15) 262,826 1,115,322
Total (23) 438,975 1,867,042

[chief squirrel] 17/1/2003 13:12

PE Ratio 20.91