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Ryanair in 2017
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Re: Ryanair in 2017
André
ex Sabena #26567
ex Sabena #26567
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- Posts: 1385
- Joined: 13 May 2004, 00:00
Re: Ryanair in 2017
Ryanair profits drop on Sterling slump
Ryanair has blamed the fall in value of Sterling following the Brexit vote for a drop in profits for the last quarter.
The no-frills airline saw profits drop 8 per cent to €95 million, while average fares dropped 17 per cent to €33 per passenger.
However, passenger numbers rose 16 per cent to 29 million for the final three months of 2016.
Ryanair CEO Michael O’Leary said: “As previously guided, our fares this winter have fallen sharply as Ryanair continues to grow traffic and load factors strongly in many European markets. These falling yields were exacerbated by the sharp decline in Sterling following the Brexit vote.
“Ryanair responded to this weaker environment by continuing to improve our “Always Getting Better” (AGB) customer experience, cutting costs, and stimulating demand through lower fares which has seen load factors jump to record levels.”
Ryanair has blamed the fall in value of Sterling following the Brexit vote for a drop in profits for the last quarter.
The no-frills airline saw profits drop 8 per cent to €95 million, while average fares dropped 17 per cent to €33 per passenger.
However, passenger numbers rose 16 per cent to 29 million for the final three months of 2016.
Ryanair CEO Michael O’Leary said: “As previously guided, our fares this winter have fallen sharply as Ryanair continues to grow traffic and load factors strongly in many European markets. These falling yields were exacerbated by the sharp decline in Sterling following the Brexit vote.
“Ryanair responded to this weaker environment by continuing to improve our “Always Getting Better” (AGB) customer experience, cutting costs, and stimulating demand through lower fares which has seen load factors jump to record levels.”
Re: Ryanair in 2017
Press conference Michael O'Leary in Brussels about Winter 2017-18 schedules
1. No expansion in BRU because of noise issue
2. 6 new routes in CRL: Eilat Ovda, Lisbon, Naples, Plovdiv, Varna, Wroclaw
3. Increased frequencies in CRL: Agadir, Alicante, Fez, Malaga, Marrakesh, Venice Treviso.
1. No expansion in BRU because of noise issue
2. 6 new routes in CRL: Eilat Ovda, Lisbon, Naples, Plovdiv, Varna, Wroclaw
3. Increased frequencies in CRL: Agadir, Alicante, Fez, Malaga, Marrakesh, Venice Treviso.
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
MOL still pretends Ryanair is #1 in Belgium with 28% market share.
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
Because of noise issue, no more departures before 07:00 at BRU. End of conference, begin of individual interviews.
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
I asked the question to MOL: he wanted departures before 0700 at BRU. That's the only way to increase number of flights. Three of the new routes at CRL would have gone to BRU without the noise issue: LIS NAP OVD. The number of aircraft at BRU remains 4. No way to increase to 5: not enough morning slots, contrarily to CRL.
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
My second direct question to MOL was about the reduction in the number of flights from BRU this summer. He said that aircraft might have been reallocated from poorly performing routes to other Routes, but he is not aware of any decrease.
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
Altogether BRU will have more flights in S17 than in S16, but less flights in W17-18 than in W16-17.
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
Very nice andré, its great you can ask questions directly
My messages reflect my personal opinion which may be different than yours. I beleive a forum is made to create a debate so I encourage people to express themselves, the way they want, with the ideas they want. I expect the same understanding in return.
Re: Ryanair in 2017
Since LIS is already served from BRU at the moment, does this mean BRU will loose LIS?
Or will they operate LIS from both BRU and CRL?
Or will they operate LIS from both BRU and CRL?
Re: Ryanair in 2017
Re: Ryanair in 2017
I don't know how the press reported about O'Leary's press conference, but some Flemish press quote him with his known arrogance: Ryanair Ryanair-baas dreigt vluchten op Zaventem te schrappen door “belachelijke geluidsnormen” - Ryanair dreigt met annulatie van geboekte vluchten door "belachelijke geluidsnorm"
http://www.hln.be/hln/nl/1901/reisnieuw ... norm.dhtml
http://www.nieuwsblad.be/cnt/dmf20170207_02717747
Some of O'Leary's quotes about this cancellation threat:
...Maar als het probleem niet opgelost geraakt tegen eind maart, zal er een echte impact zijn", dixit O'Leary. "Dan zal er na 7 uur te weinig ruimte zijn voor alle vluchten." En aangezien Ryanair geen boetes wil, zal het de vluchten schrappen. En de andere maatschappijen ook, denkt de CEO. Meer nog, O'Leary dreigt er ook mee om reeds geboekte vluchten te schrappen...
..."De totale winst die we maken per vlucht is 5.000 euro terwijl de kost van de geluidsboetes 6.000 euro bedraagt. Dus maak je maar geen zorgen om de financiële impact voor ons bedrijf, het vliegtuig gaat simpelweg de lucht niet in", sprak O'Leary dreigende taal. "We kunnen en zullen vluchten schrappen. De passagiers moeten beseffen dat er een groot risico bestaat voor de door hun geboekte vluchten en vakantie."...
...Ryanair kan vluchten tot twee weken voor vertrek eenzijdig annuleren mits terugbetaling van de ticketskosten, maar zonder bijkomende schadevergoeding...
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Euh? "Ryanair may unilaterally cancel the flight by refunding the ticket cost, without having to pay addtional indemnity", O'Leary told the reporters. What a lie! Sure, the indemnity (150€-600€) is waived when a flight is cancelled 21 days before flight date. But passengers for a booked and confirmed flight don't have to accept the cancellation just like that. Even not when it's cancelled three months before flight date. European legislation (EU Rule 261/2004) states that the passengers have the right to choose between a cancellation and a rebooking. And if a flight to/from BRU is cancelled and the new flight is to/from LGG or EIN or LUX, Ryanair has arrange the transport between those two airports.
Repeat: what the newspapers write is false. Ryanair may not cancel a booking when the flight is cancelled. The passengers have the right to ask for a rerouting.
This is the EU Legislation - choose language at your choice and format of your choice (HTML, pdf):
http://eur-lex.europa.eu/legal-content/ ... 32004R0261
Just read Article 5, which says that Article 8 and Article 9 also apply when a flight is cancelled.
(edited - typo)
http://www.hln.be/hln/nl/1901/reisnieuw ... norm.dhtml
http://www.nieuwsblad.be/cnt/dmf20170207_02717747
Some of O'Leary's quotes about this cancellation threat:
...Maar als het probleem niet opgelost geraakt tegen eind maart, zal er een echte impact zijn", dixit O'Leary. "Dan zal er na 7 uur te weinig ruimte zijn voor alle vluchten." En aangezien Ryanair geen boetes wil, zal het de vluchten schrappen. En de andere maatschappijen ook, denkt de CEO. Meer nog, O'Leary dreigt er ook mee om reeds geboekte vluchten te schrappen...
..."De totale winst die we maken per vlucht is 5.000 euro terwijl de kost van de geluidsboetes 6.000 euro bedraagt. Dus maak je maar geen zorgen om de financiële impact voor ons bedrijf, het vliegtuig gaat simpelweg de lucht niet in", sprak O'Leary dreigende taal. "We kunnen en zullen vluchten schrappen. De passagiers moeten beseffen dat er een groot risico bestaat voor de door hun geboekte vluchten en vakantie."...
...Ryanair kan vluchten tot twee weken voor vertrek eenzijdig annuleren mits terugbetaling van de ticketskosten, maar zonder bijkomende schadevergoeding...
- -
Euh? "Ryanair may unilaterally cancel the flight by refunding the ticket cost, without having to pay addtional indemnity", O'Leary told the reporters. What a lie! Sure, the indemnity (150€-600€) is waived when a flight is cancelled 21 days before flight date. But passengers for a booked and confirmed flight don't have to accept the cancellation just like that. Even not when it's cancelled three months before flight date. European legislation (EU Rule 261/2004) states that the passengers have the right to choose between a cancellation and a rebooking. And if a flight to/from BRU is cancelled and the new flight is to/from LGG or EIN or LUX, Ryanair has arrange the transport between those two airports.
Repeat: what the newspapers write is false. Ryanair may not cancel a booking when the flight is cancelled. The passengers have the right to ask for a rerouting.
This is the EU Legislation - choose language at your choice and format of your choice (HTML, pdf):
http://eur-lex.europa.eu/legal-content/ ... 32004R0261
Just read Article 5, which says that Article 8 and Article 9 also apply when a flight is cancelled.
(edited - typo)
Last edited by Passenger on 07 Feb 2017, 22:47, edited 1 time in total.
Re: Ryanair in 2017
Good to know, thx
My messages reflect my personal opinion which may be different than yours. I beleive a forum is made to create a debate so I encourage people to express themselves, the way they want, with the ideas they want. I expect the same understanding in return.
Re: Ryanair in 2017
LIS will be operated from both BRU and CRL, just like MAD.
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
He's indeed a nice guy to talk to, very open to discussion, friendly with everyone. And he takes the time to answer all private questions in detail. I let the big television crew and newspaper journalists have their private interviews, and I went to him as the last interviewer: he was not in a hurry to stop the conversation and run away. On the contrary, he took all the time to explain the issues in detail.
He is still in Brussels tomorrow (he was coming from Rome where he had a press conference this morning)
André
ex Sabena #26567
ex Sabena #26567
Re: Ryanair in 2017
So he is, not some devil that some people make him out to be. In fact you'd almost hope some belgian CEO's had some more balls as well and say things as they aresn26567 wrote: ↑07 Feb 2017, 23:33He's indeed a nice guy to talk to, very open to discussion, friendly with everyone. And he takes the time to answer all private questions in detail. I let the big television crew and newspaper journalists have their private interviews, and I went to him as the last interviewer: he was not in a hurry to stop the conversation and run away. On the contrary, he took all the time to explain the issues in detail.
He is still in Brussels tomorrow (he was coming from Rome where he had a press conference this morning)
Re: Ryanair in 2017
Seems like not everyone has the same source or opinion:Passenger wrote: ↑07 Feb 2017, 22:39 I don't know how the press reported about O'Leary's press conference, but some Flemish press quote him with his known arrogance: Ryanair Ryanair-baas dreigt vluchten op Zaventem te schrappen door “belachelijke geluidsnormen” - Ryanair dreigt met annulatie van geboekte vluchten door "belachelijke geluidsnorm"
http://www.hln.be/hln/nl/1901/reisnieuw ... norm.dhtml
http://www.nieuwsblad.be/cnt/dmf20170207_02717747
Some of O'Leary's quotes about this cancellation threat:
...Maar als het probleem niet opgelost geraakt tegen eind maart, zal er een echte impact zijn", dixit O'Leary. "Dan zal er na 7 uur te weinig ruimte zijn voor alle vluchten." En aangezien Ryanair geen boetes wil, zal het de vluchten schrappen. En de andere maatschappijen ook, denkt de CEO. Meer nog, O'Leary dreigt er ook mee om reeds geboekte vluchten te schrappen...
..."De totale winst die we maken per vlucht is 5.000 euro terwijl de kost van de geluidsboetes 6.000 euro bedraagt. Dus maak je maar geen zorgen om de financiële impact voor ons bedrijf, het vliegtuig gaat simpelweg de lucht niet in", sprak O'Leary dreigende taal. "We kunnen en zullen vluchten schrappen. De passagiers moeten beseffen dat er een groot risico bestaat voor de door hun geboekte vluchten en vakantie."...
...Ryanair kan vluchten tot twee weken voor vertrek eenzijdig annuleren mits terugbetaling van de ticketskosten, maar zonder bijkomende schadevergoeding...
- -
Euh? "Ryanair may unilaterally cancel the flight by refunding the ticket cost, without having to pay addtional indemnity", O'Leary told the reporters. What a lie! Sure, the indemnity (150€-600€) is waived when a flight is cancelled 21 days before flight date. But passengers for a booked and confirmed flight don't have to accept the cancellation just like that. Even not when it's cancelled three months before flight date. European legislation (EU Rule 261/2004) states that the passengers have the right to choose between a cancellation and a rebooking. And if a flight to/from BRU is cancelled and the new flight is to/from LGG or EIN or LUX, Ryanair has arrange the transport between those two airports.
Repeat: what the newspapers write is false. Ryanair may not cancel a booking when the flight is cancelled. The passengers have the right to ask for a rerouting.
This is the EU Legislation - choose language at your choice and format of your choice (HTML, pdf):
http://eur-lex.europa.eu/legal-content/ ... 32004R0261
Just read Article 5, which says that Article 8 and Article 9 also apply when a flight is cancelled.
(edited - typo)
http://www.hln.be/hln/nl/943/Consument/ ... -wel.dhtml
Re: Ryanair in 2017
And I disagree with Ivo Vandevelde ? http://www.advivos.com/we-are , Het Laatste Nieuws and Ryanair.danieln wrote: ↑08 Feb 2017, 12:34Seems like not everyone has the same source or opinion:Passenger wrote: ↑07 Feb 2017, 22:39 Euh? "Ryanair may unilaterally cancel the flight by refunding the ticket cost, without having to pay addtional indemnity", O'Leary told the reporters. What a lie! Sure, the indemnity (150€-600€) is waived when a flight is cancelled 21 days before flight date. But passengers for a booked and confirmed flight don't have to accept the cancellation just like that. Even not when it's cancelled three months before flight date. European legislation (EU Rule 261/2004) states that the passengers have the right to choose between a cancellation and a rebooking. And if a flight to/from BRU is cancelled and the new flight is to/from LGG or EIN or LUX, Ryanair has arrange the transport between those two airports.
This is the EU Legislation - choose language at your choice and format of your choice (HTML, pdf):
http://eur-lex.europa.eu/legal-content/ ... 32004R0261
Just read Article 5, which says that Article 8 and Article 9 also apply when a flight is cancelled.
(edited - typo)
http://www.hln.be/hln/nl/943/Consument/ ... -wel.dhtml
A European Rule is law that is exactly the same in all EU-countries. Actually, each EU country doens't has to adapt a EU-Rule into own legislation: it automaticly applies - contrary to a EU Directive/Richtlijn which has to be implemented through local legislation.
EU-Rule 261/2004 has to be read and applied exactly as it written. And there is really no doubt about it: 5(a) and 5(b) automaticly apply when a flight is cancelled, no matter when: 5(a) is the right to get assistance, 5(b) is the right to choose between rerouting or refunding. Only for 5(c), there is a time lapse that is important. Repeat: that two weeks notice described in 5(c) and in Art. 7 (the compensation of 150€-600€) is not applicable to 5(a) and/or to 5(b).
Article 5 - Cancellation
1. In case of cancellation of a flight, the passengers concerned shall:
(a) be offered assistance by the operating air carrier in accordance with Article 8; and
(b) be offered assistance by the operating air carrier in accordance with Article 9(1)(a) and 9(2), as well as, in event of re-routing when the reasonably expected time of departure of the new flight is at least the day after the departure as it was planned for the cancelled flight, the assistance specified in Article 9(1)(b) and 9(1)(c); and
(c) have the right to compensation by the operating air carrier in accordance with Article 7, unless:
(i) they are informed of the cancellation at least two weeks before the scheduled time of departure; or
(ii) they are informed of the cancellation between two weeks and seven days before the scheduled time of departure and are offered re-routing, allowing them to depart no more than two hours before the scheduled time of departure and to reach their final destination less than four hours after the scheduled time of arrival; or
(iii) they are informed of the cancellation less than seven days before the scheduled time of departure and are offered re-routing, allowing them to depart no more than one hour before the scheduled time of departure and to reach their final destination less than two hours after the scheduled time of arrival.
2. When passengers are informed of the cancellation, an explanation shall be given concerning possible alternative transport.
3. An operating air carrier shall not be obliged to pay compensation in accordance with Article 7, if it can prove that the cancellation is caused by extraordinary circumstances which could not have been avoided even if all reasonable measures had been taken.
4. The burden of proof concerning the questions as to whether and when the passenger has been informed of the cancellation of the flight shall rest with the operating air carrier.