B.Sc (Hons) in Applied Accounting Oxford Brookes University Research and Analysis Report Topic # 8 An Analysis of Business and Financial Performance of Ryanair Plc Submitted by: Salamun M Adnan ACCA Student Registration# 1476976 Word Count: RAP: 6466 Date: 21/11/2011 TABLE OF CONTENTS 1. INTRODUCTION......................................................... 4 1.1 PROJECT TOPIC AND SELECTED ORGANIZATION..................... 4 1.2 REASONS FOR CHOOSING THE TOPIC
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airline’s development up until 2010‚ meant to serve‚ for years to come‚ as a reference work. This year‚ Air Scoop is publishing an updated report on Ryanair’s Business Model‚ with a new task in mind. Starting from what was built last year‚ the 2011 Ryanair report has been conceived with a double objective in mind: to provide readers with a brief‚ compelling‚ synthesis of Ryanair’s business model and highlight new elements and evolutions in Ryanair’s skies. In no way is that report intended as a replacement
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strategies to develop a better future for Ryan Air. As this report addresses different aspects of Ryan Air with the help of Porter’s 3 Generic Strategies and the justifications using the value chain model has helped in the analysis of the real focus of RyanAir. This report also addresses the various control systems with the implementation of the strategy for Ryan Air together with the leadership styles of Michael O’Leary. As he plays a big role in the company in cost management and many other strategies
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Responsibility Audit Report- Ryanair 1.0 Introduction Ryanair was founded in 1985 by the Ryan family in Waterford‚ Ireland (Wangkanai‚ 2011). Ryanair is a low cost airline that operates over 1‚500 flights per day from 51 bases on 1‚500 low fare routes across 28 countries (History of Ryanair‚ n.d). The public limited company originally began as a full-service conventional airline‚ however in 1990 when Michael
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STRATEGIES Low cost per average seat kilometer AirAsia focused on ensuring a competitive cost structure as its main business strategy. It has been able to achieve a cost per average seat kilometer (ASK) of 2.5 cents‚ half that of Malaysia Airlines and Ryanair and a third that of EasyJet. AirAsia can lease the B737-300s aircraft at a very competitive market rates due to the harsh global market conditions for the second-hand aircrafts because of the September 11th event in 2001. Low distribution cost AirAsia
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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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Ryanair (0704007 business 권하연) their strategy Ryanair’s strategy is to offer their services with cheap price. So their competitive advantage is "Cheaper price" than other rivals. To maintain cheaper price than other rivals‚ they faces several problems. facing problems There were several challenges faced by low cost carriers in Europe like rising aviation fuel costs‚ ensuring staff productivity and maintaining a large fleet for expansion. 1. There are lots of airways which is provide cheap
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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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Ryanair was founded in 1985 by the Ryan family to provide scheduled passenger airline services between Ireland and the UK‚ as an alternative to the then state monopoly carrier‚ Aer Lingus. It started out a full service conventional airline‚ with two classes of seating and leasing three different types of aircraft. However despite growth in the passenger volumes financial problems were of a growing concern. In its fight to survive the airline went through a dramatic restyle to become Europe ’s first
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pagename=Estadisticas/Home [Accessed 16th February 2009]. Anna aero‚ 2008a. Aer lingus facing increasing direct competition from Ryanair in Dublin. Horley: Available from: http://www.anna.aero/2008/10/03/aer-lingus-facing-increasing-direct-competition-from-ryanair-in-dublin/ [Accessed 7th January 2009]. Anna aero‚ 2008b. Ryanair’s Bournemouth base. Horley: Available from: http://www.anna.aero/2008/01/18/ryanairs-bournemouth-base-flybe/ Aviation Week‚ 2009. More capacity cuts ahead at British Airways. Washington DC: Available
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