History ATR-42 in 1991 Ryanair has grown since its establishment in 1985 from a small airline flying a short hop from Waterford to London into one of Europe’s largest carriers. After the rapidly growing airline was taken public in 1997‚ the money raised was used to expand the airline into a pan-European carrier. Revenues have risen from €231 million in 1998‚ to €1843 million in 2003 and €3013 million in 2010. Similarly net profits have increased from €48 million to €339 million over the same
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Ryanair Ryanair is the World’s favorite airline with 41 bases and 1100+ low fare routes across 26 countries‚ connecting 153 destinations. Ryanair operates a fleet of 232 new Boeing 737-800 aircraft with firm orders for a further 82 new aircraft (before taking account of planned disposals)‚ which will be delivered over the next 2.5 years. Ryanair currently has a team of more than 7‚000 people and expects to carry approximately 73 million passengers in fiscal year 2010/11. (http://www.ryanair.com/en/about)
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1. What is your assessment of Ryanair’s launch strategy. After establishing its ability to transport passengers from Ireland to secondary London airports (i.e. Luton and Gatwick)‚ Ryanair entered competition with British Airways and Aer Lingus to provide air travel from Dublin to London. They were able to complete with these well-established carriers by: A. focusing intently upon first-rate customer service and amenities comparable to BA and AL B. offering a simple ticket w/ no restrictions
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A Critical Analysis of Employees’ Motivation in the Nigerian Polytechnic Education System Abstract For a long time‚ the idea has always been that employees only work to keep body and soul together – just to live; these days‚ employees work for more than just sustenance and that is what this paper tends to show. For every average human person‚ the motive to work goes beyond just the sustenance motive‚ it is a motive to live and show life for it‚ motive to be accepted as what one’s desire‚ motive
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strategies of low-cost airlines: The Ryanair case study Paolo Malighetti a‚ *‚ Stefano Paleari a‚ Renato Redondi b a b Department of Economics and Technology Management‚ University of Bergamo– Universoft‚ Viale Marconi 5‚ Dalmine 24044‚ Italy Department of Mechanical Engineering‚ University of Brescia – Universoft‚ Via Branze‚ 38 – 25123 Brescia‚ Italy a b s t r a c t Keywords: Dynamic pricing Low-cost Ryanair Fares We analyse the pricing policy adopted by Ryanair‚ the main low-cost carrier in
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Effects of Motivation on Employees’ Job Performance in an Organization The primary objective of this paper is to describe‚ analyze and evaluate the effects of motivation on employees job performance in an organization. Furthermore‚ this aims to give insight to employees and administration who are working within an organization. The importance of motivation and how it affects an organization’s performance in it’s entirety‚ will be the best deciding measure between good and bad motivational
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importance of positive work environments and one key benefit is that great workplaces can help motivate employees. It makes sense. Employees that are happy tend to be more productive‚ which is better for a business’ bottom line. Lots of research has shown the relationship between employee satisfaction/perception and a company’s success. I’ve seen it firsthand for more than two decades. Motivated employees can make all the difference in a successful company. Startups Should Foster The Best Possible
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Date: 9 March 2014 To: Ryanair Holdings‚ Plc From: Master Mind Consulting Subject: Overview issues of Ryanair management and the actions should be taken to overcome the problem. 1.0 Introduction Our group will be outlining the internal issues faced by Ryanair such as inappropriate advertisement published by Ryanair‚ poor customer service‚ inconvenience airport location‚ poor incentives system and management style of Ryanair. So we will discuss these issues and provide some of the recommendations/actions
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as equally important but is less well known. They further highlight that the psychological contract is highly subjective and contains contracts that are inexplicit‚ unwritten and not legally binding. They also bring out different reactions from employees when they feel that there has been a broken promise or violation of the contract. They also see the psychological contract as a t useful and important way of understanding an employment relationship and its behavioural effects. The psychological
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threat for Ryanair: Strategic changes that are required when a leadership shift takes place in the company Ryanair Ltd. Airside Business Park Dublin‚ Ireland Delivery Date: September 26‚ 2014 Executive Summary In order to understand what strategic organizational changes are required in the case of leadership shifts‚ the position and importance of Ryanair’s current leader was firstly determined. Michael O’Leary is an outstanding transformational manager‚ who leads Ryanair with an assertive
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