The history of Ryanair: Ryanair is Europe 's largest low-fare airline and is based in Ireland. It is a public listed company which trades on the Dublin, London and New York (NASDAQ) Stock Exchanges. Ryanair, established by the Ryan family, started operations in 1985, launching 15 flights a day between Waterford and London Gatwick Airport. In the company’s first year, its 57 employees carried just over 5,000 passengers in this original route. Ryanair was the first European airline to set up special low fares and subsequently caused both British Airways and Aer Lingus to slash their prices Over the next five years the company grew rapidly, expanding the number and size of their aircrafts, and their routes .
Ryanair is Europe’s Number one airline, carrying over 130m customers p.a. on more than 3,000 daily flights from 87 bases on connecting 211 destinations in 34 countries on a fleet of 430 Boeing 737 aircraft, with a further 237 Boeing 736’s on order which will enable Ryanair to lower fares and grow traffic to 200m customers. Ryanair has a team of more than 14,000 highly skilled aviation professionals delivering Europe’s number one on time performance and an industry leading 32-year safety record. In 2018. Resources of Ryanair: Ryanair became the first European airline to have carried over one billion customers.
2 Conclusion 3 References 3 Introduction Ryanair is an Irish airline, which follows the model of Southwest airlines, adopts the low-cost model in Europe, Ryanair started its business by flying short route from Waterford to London, and now it is one of the largest airlines in Europe. Under the leadership of Michael O’Leary, Ryanair’s profit grew from €48m in 1997 to €339m in 2012. Ryanair proved that the low-cost model is an effective model to be used in Europe, it became the role model in Europe to use that model. However, it faced some hurdles in its way and still has some challenges to deal with, due to the high competition between airlines and trying to provide the lowest fares with the lowest costs possible. In the coming sections, we will see how Ryanair dealt with those challenges and how it adapted its strategy to continue growing in Europe.
1.1: Company Profile: The largest airline of United Arab Emirates is the Emirates.it came into being in 1985 and the founding stone of the airline is put in Dubai. It is run under the name of Emirates Group. The airline is used more than 3500 flights at weekly basis. The operational cycle of the airline is spread all most every corner of the world. The airline used world’s top 10 carriers for its operations.
Introduction easyJet easyJet is a British budget airline, founded in 1995 by Sir Stelios Haji-losnnou, based in London Luton Airport. It operates both domestic and international scheduled services of over 820 routes in more than 30 countries. It operates on a low cost budget, flying more than 15 million people a year and offers services for leisure and business passengers. It also flies to 100 top European routes and connects to many different exciting destinations all over the world. easyJet uses cost advantage as well as network positions in strong markets to deliver low fares and operational efficiency on point-to-point routes, with their people making the difference by offering friendly service for their customers.
3. Size One of the advantageous features of Ryanair is that it is the biggest short-haul airline network in Europe. With more than 1,600 routes across 30 countries in Europe and North Africa 186 airports (69 of them are ‘bases’, where Ryanair stations the aircraft and crew). 4. Fleet The Boeing 737 is the only aircraft type deployed by Ryanair.
Traffic expansion faster than speed of expansion in the sector. During recent years, where the Turkish civil aviation sector entered into a serious growth trend, Pegasus has proven to be satisfying a significant demand in aviation sector with the number of its guests increasing much more than average growth in the sector. In 2012, Pegasus Airlines, the second largest airline in Turkey, has signed for up to 100 A320neo Family aircraft (57 A320neo and 18 A321neo models), of which 75 are firm orders. Pegasus becomes a new Airbus customer and the first Turkish airline to order the A320neo. This is the largest single commercial aircraft order ever placed by an airline in Turkey, and was announced on December 18, 2012.
Go Air Go Air commenced its operations in 2005. It is the fifth largest airline in India in market share. It operates domestic passenger services to 22 cities all over India With over 140 routes daily. Go Air has been growing, but the growth rate of the airline has been slow. Due to some tough competition in market of the LCCs.
Question 1: Explain who are the IAG and what are the company’s objectives? International airlines group are one of the world’s largest airline groups. It has 459 aircraft flying to 243 separate destinations carrying 62 million and change in passengers annually. Based on revenue it is Europe’s third largest and the world’s sixth largest group. They are a relatively new company forming only three years ago in 2011.
In 1985, the UAE government has invested $10 million to launch its own airline called “Emirates” with mission of “ exist to deliver the best in flight service” and flew its first routes out of Dubai with just two aircraft a leased Boeing 737 and an Airbus 300B4. Currently Emirates operates over 1500 flights departure per week, from its hub at Dubai International Airport to 140 destinations in 80 countries worldwide. It has more than 280 aircrafts and Boeing 777s, A330/A340s and Airbus A380 convince the legacy of the Emirates. The colour red in the Emirates logo represents prosperity, self-confidence, passion and leadership, whereas white depicts nobility, elegance and purity. To get the first mover advantage Emirates seeking for underserved market and with the help of the technology it gives better service for their customers (moving to wide-bodied aircraft with 2 agsile rather than narrow-bodied aircraft with agsile).