Macro-environment PESTEL Analysis: Political and legal factors Political issues are very relevant in the airline industry which has been and still is under political influence. This is particularly true in the European Union where Ryanair primarily operates. A recent liberalization act came under the form of the EU-US Open Skies Agreement‚ signed in 2007and which entered into effect on March the 30th 2008‚ which gives the right to US based airlines to operate intra-EU flights‚ while European
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1. Strategy of Ryanair Overview of the Company Ryanair started in year 1985 with only 57 staff members and with one 15 seater turboprop plane from the south of east of Ireland to London-Gatwick which carried 5000 passengers on one route (Harrison‚ 2002). In 1986‚ inspired from the story of David and Goliath the company go after the big guys for a slice of the action and end up smashing the Aer Lingus or British Airways high fare cartel on the Dublin-London route. The staff increased
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Executive Summary This paper seeks to explore the marketing techniques utilised by the low cost airline‚ Ryanair. Specific analysis of its target market will identify that whilst its cost leadership strategy is hugely successful in its appeal to the mass market‚ closer analysis of the increasing ‘budget business traveller’ segment reveal opportunities for further industry growth poignantly amidst the current economic climate. Analysis of Ryanair’s market position as ‘Europe’s largest airline
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Ryanair Ryanair is one of the largest and still fastest growing low-fares airline companies in Europe. Led by CEO Michael O’Leary‚ a diverse board of directors‚ and an experienced top management‚ Ryanair has been very successful following a cost leadership strategy‚ partially achieved by a “no-frills” service strategy. External influences such as the European economic crisis‚ aviation deregulation‚ and rising oil prices have created opportunities or threats to Ryanair‚ and internal weaknesses such
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King Leary The notion of celebrity status is one that is often overlooked and many people have a one sided opinion on the life of a celebrity. Many people think the life of a celebrity as being one of relaxation and stress free when in reality they secretly face problems that come with the allure of fame. In the novel King Leary‚ written by Paul Quarrington‚ is an insightful book about the game of hockey set in the 1900s. There are several characters that emerge throughout the novel‚ but
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Ryanair was the first budget airline in Europe‚ modeled after the successful U.S. low cost carrier‚ Southwest Airlines. Ryanair is one of the oldest and most successful low-cost airlines in Europe‚ the third largest airline in Europe in terms of number of passenger and the largest in the world in terms of international passengers’ numbers. For this article‚ I had provided the 4 Ps‚ which is Product‚ Price‚ Place‚ and Promotion for Ryanair. PRODUCT Ryanair was a brand for the budget airline
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Threat of Entry Ryanair benefiting from large economies of scale and have massively reduced long run average costs. They have struck deals with Boeing and Airbus for reduced prices (1/3rd of listed price) on 737 aircraft in bulk buying therefore new entrants to the market will not get these reduced prices as they do not hold a similar relationship and they will not be able to order in bulk. Ryanair have struck deals with many local airports over flight paths and air-time‚ Ryanair therefore aren’t
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Brief introduction to airservice Ryanair Ryanair Holdings was incorporated in 1996 as a holding company for Ryanair Limited. The latter operates an ultra-low cost‚ scheduled-passenger airline serving short-haul‚ point-to-point routes between Ireland‚ the U.K.‚ Continental Europe‚ and Morocco. Incorporated in 1984‚ Ryanair Limited began to introduce a lowfares operating model under a new management team in the early 1990s. See ―Item 5. Operating and Financial Review and Prospect - History
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................................12 1.0 Introduction Ryanair is a one of leading low fare airline with 41 bases and 1100 routes across 26 countries which connect 153 destinations. It has currently 7‚000 staff and expected to provide service approximately 73 million in fiscal 2010/11. (“Ryanair (about us)”‚ n.d.) Ryanair was established in 1985 in Ireland with only 51 staff and 15 seated Bandeirante aircraft. At that time Ryanair operated daily flight from Waterford in the southeast of Ireland
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BACKGROUND ANALYSIS In 1986‚ upstart airline Ryanair proposed to expand its business to the London-Dublin route‚ in direct competition with British Airways (BA) and Aer Lingus (AL). While BA focused primarily on business passengers‚ and was profitable on the London-Dublin route relying on travel agents being responsible for 83% of its scheduled revenues‚ AL was loosing money and was in business primarily due to Irish government support. However‚ international routes accounted for 2/3rd
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