always the best viable solution. If you add too much to an existing product a customer could become puzzled‚ fatigued and overloaded with features‚ not to mention associated costs. That sometimes the better solution lies in subtraction. He uses Ryanairs business model as his main example‚ based on Southwest Airlines existing concept Michael O’Leary used innovative subtraction to eliminate all the frills from air travel which enabled Ryan Air to offer cheaper flights than its competitors. O’Leary
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1 Summary Low-cost carriers have been established for many years. A model for a low-cost airline is described‚ derived from the operations of several such carriers. The models followed by the three main low-cost carriers in the UK‚ Ryanair‚ easyJet and Go are then outlined. The impact of the differences between these models is then assessed to see how they affect the cost base and productivity of the airlines. Finally‚ it is suggested that Ryanair’s model is most suited for the current conditions
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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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Minutes for Meeting 1 Subject: SWOT I spoke about the strengths that Ryan Air has‚ such as having acquired buzz. I said that since Ryan Air is expanding Eastwards at a steady pace this is a strength but a after some opinions from Maira Azzopardi and Nadine Grixti‚ I had come to realise that this is more of an opportunity. Maria Azzopardi also said that the fact that the website is available in more than 20 languages is also a strength. Nadine Grixti went over to say that booking flights over
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IBERIA CASE STUDY Iberia was founded on June 28‚ 1927 by Horacio Echeberrieta. It was not only Spain’s first airline‚ but also the first to fly between Europe and South America (as of 1946)‚ the first to establish a walk‐ on air shuttle service (between Madrid and Barcelona)‚ and the first in Europe to offer an international frequent flyers customer loyalty programme (Iberia Plus). In 2001‚ on April 3‚ Iberia’s privatization process was completed‚ when its shares were listed for the
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Europe‚ their only main competitors will be Ryanair which is placed on the first. Ryanair is an Irish low-cost airline that offers slightly cheaper air tickets as they land on the secondary airport. Its headquarters is located at Dublin Airport with its primary operational bases at Dublin and London Stansted Airports. According to the report of Top European Low Cost Airlines as of June 2008‚ easyJet achieved a total of 41.3 million passengers while Ryanair had a total of 53.3 millions passengers which
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Low-cost airline principles[edit source] Low-cost airlines all differ in their service offerings but by definition feature some or most of the following principles: Standardized fleet (lower training‚ maintenance costs; purchasing aircraft in bulk) Remove non-essential features (non-reclining seats‚ no pilot autothrottle‚ no frequent flyer schemes) Use of secondary airports (lower landing fees‚ marketing support) Rapid turnaround (less time on the ground‚ more flights per day) Online ticket
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ETHICS AUDIT ON RYANAIR Done By Hemanth Mutthukrushnun This is an ‘Ethics Audit Report’ prepared based on the operations of Ryan Air studied from various videos available on You Tube and the public documents disclosed by Ryanair. Set up in the year 1985 at a capital of 1 pound with a staff strength of 25‚ Ryanair is today the World’s favourite and most commonly used airline which operates more than 1‚400 flights per day from 44 bases and 1100+ low fare routes across 27 countries‚ connecting
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RYANAIR Introduction This essay is initially going to analyse the LCC (Low Cost Carrier) industry and subsequently focus on Ryanair‚ the world ’s largest low cost international carrier (figure 1). The first part of the assignment is going to apply Porter ’s five forces to the above-mentioned industry‚ then it will look at how the company competes in such environment‚ referring to Porter ’s generic competitive strategies. Finally it will analyse how the company delivers on these competitive
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CAVENDISH COLLEGE Strategic Marketing Management EasyJet Assessment – Task Two Lecturer: John Heather Danilo Gomes de Matos – Group C – DMS/MBA Date: 03/06/2008 List of Contents Company selection and background 4 Customer base 4 Product/Service 4 Target market 5 Financial information 5 1. External Analysis – Macro Environment 6 1.1 PESTEL Analysis 6 2. External Analysis – Micro Environment 12 2.1 Porters Five Force 12
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