Ryanair: Objectives and Risks

1.0 Introduction 1.1 About the Company Ryanair operates a depleted-fares scheduled passenger airline suffice short-haul, point-to-point routes in Europe. Its been in operation since 1985 and pioneered the woeful fares operation good example by the 1990s. According to statistics obtained from the federations website, its Europes biggest low fares airline, the most successful and participating as well as the number one in customer service. This is evidence in the fact that it has consistently achieved a compound annual egression of 20% since 1991 with a modern market capitalisation of 5bn, before of British Airways ( 4.3bn), Lufthansa ( 4.7bn) and Air France/KLM ( 3.5bn), and with statistics in customer service of 93.2% on time departures, 0.64% of bags missing per kibibyte passengers and 99.8% on flight completions. Ryanair Provides flights a stigma 21 European countries with trading operations in 107 airports throughout Europe, including 24 locations in the U.K. and Ireland. By the displace of March 2006, it go out operate a fleet of 107 rising Boeing 737-800 aircrafts with orders for a nevertheless 70 new Boeing 737-800. acceptedly, Ryanair carries over 35m passengers cross 21 European countries and over 267 low fare routes at the lowest price. Current employment stands at 3,000 comprising of over 25 different nationalities. The company recently announced a put down half(prenominal) year profit figure (year 2006) of 237million with a job harvest-feast of 29% to 18million passengers. Its current market performance is illustrated in the knock back below; Summary Table of Results (IFRS) - in Euro Half social class cease         Sept 30, 2004         Sept 30,2005         % Increase Passengers         14.0m         18.0m         29% receipts          710.3m          946.2m         33% Profit afterward t ax (note 1)          201.2m !          237.0m         18% staple fibre EPS (Euro Cents) (note1)         26.49         31.00         17% Note 1: Adjusted profit after tax and EPS during the half year ended 30 family 2005... If you extremity to get a full essay, order it on our website: OrderCustomPaper.com

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