------------------------------------------------- What do people think of RyanAir? Consumer Behavior ------------------------------------------------- Date: October 15th 2012 ------------------------------------------------- Table of contents Introduction 3 The research design 4 Sample description 4 Method for interviewing 4 Research structure 4 Step 1: Collect pictures 5 Step 2: Interview method 5 Step 3: Concept map 5 Step 4: Combined concept map 5 Step 5: Consensus
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In its’ penetration of the aviation industry in 1985‚ Ryanair adopted a two prong strategy of focusing intently on providing first rate customer service and charging a simple‚ single fare for a ticket with no restrictions. This generic strategy was in contrast with British Airways and Aer Lingus which focused on providing a wide variety in its’ choice of ticket offerings to cater to the different market segments and in diversifying its business to derive more sources of revenue. Ryanair’s
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yrs ago‚ in a mid-sized city located in southern Mindanao. Having worked for an automobile dealership‚ first as a technician‚ and later as the parts department manager‚ for over 15 yrs‚ Premium1116 Words5 Pages Ryanair case Summary: Ryanair- the low-cost and no- frills airline Ryanair (founded in 1985) was providing scheduled passenger airline services between Ireland and the United Kingdom. The airline is competing with the carrier: Air Lingus (that had the monopoly position before) in 1990 the
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1 Table of Contents I. Ryanair Profile ...................................................................................................................................... 3 II. External Analysis.................................................................................................................................. 5 2.1. Porter’s five forces ........................................................................................................................ 5 2.2. PESTLE Analysis
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that allows it to provide its air travel service at a lower unit cost than they can. At the very heart of this strategy is the intent to keep its fares as low as is conceivably possible and thereby live up to its name as "The Low Fares Airline". Ryanair‚ in pursuing this cost-leadership strategy seeks to achieve a competitive advantage and above average profitability by primarily focusing its attentions on lowering its cost structure. A company is said to have a competitive advantage over its rivals
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RYANAIR – THE LOW FARES AIRLINE: WHITHER NOW? 1. Ryanir is the airline company that would become Europe’s most popular‚ and possibly most controversial one in the following years. Ireland’s Ryan family founded it in 1985. That year‚ Ryanair flew a single route‚ from Waterford‚ Ireland‚ to London in a small 15-seater aircraft. In the early years‚ Ryanair flew primarily between Ireland and the U.K. However two big shifts in the 1990s changed that. Firstly the European Union’s "Open Skies" policies
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Questions. 1. Leadership a. Michael O’Leary is credited with the fabulous expansion of ryanair. Compare his managerial style with Richard Brandson of Virgin and Stelios Haj-Ioannou of Easy Jet. Do you see similarities‚ differences? O’Leary is said to have a pugnacious and aggressive management style‚ using a flat management hierarchy whose ethos is to provide a low cost‚ reliable and competitive service. Ryanair decided to hire O’Leary and sent him to the States for studying the Southwest low cost
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relatively high. Ryanair being Europe’s largest low-cost carrier‚ the largest airline in Europe in terms of passenger numbers and the largest in the world in terms of international passenger numbers; would deter anyone in entering in to a competitive industry Bargaining power of buyers –is high as price sensitivity remains high. Buyers can either travel on legacy airlines such as British Airways or low-cost airlines such as Ryanair‚ this strengthens their bargaining power‚ however Ryanair can defend themselves
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Strategic Management Assignment VRIO Analysis of Ryanair Airlines Submitted By: Manthan Shah 81 Parth Shah 82 Ravi Chandwani 14 Milan Vasani 101 Manish Sharma 86 Submitted to: Prof. Karan Shastri VRIO Analysis and Value Chain Analysis Services Inbound Logistics Operations Outbound Logistics Marketing & Sales Fastest Turnaround 400 new aircrafts are capabilities in strength Landing time‚ ticketing Fastest Turnaround Multiple marketing gimmicks New Revenue
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the external and internal factors influencing the company. The following report will discuss these factors regarding Ryanair‚ which is one of the leading budget European airlines. This report identifies important issues of Ryanair ’s environment which have been formed since the company ’s development. It also goes on to analyse the future opportunities and threats which Ryanair is likely to face in currently and in the future. Ryan air have developed a cost focus strategy‚ where it focuses
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