Ryanair: Objectives and Risks

1.0 Introduction 1.1 About the Company Ryanair operates a down(p)-fares scheduled passenger airline suffice short-haul, point-to-point routes in Europe. Its been in operation since 1985 and pioneered the beginning fares operation good example by the 1990s. According to statistics obtained from the unions website, its Europes biggest low fares airline, the most successful and participating as well as the number one in customer service. This is evidence in the fact that it has consistently achieved a compound annual harvesting of 20% since 1991 with a modern market capitalisation of 5bn, in front of British Airways ( 4.3bn), Lufthansa ( 4.7bn) and Air France/KLM ( 3.5bn), and with statistics in customer service of 93.2% on time departures, 0.64% of bags missing per kibibyte passengers and 99.8% on flight completions. Ryanair Provides flights a gull 21 European countries with trading operations in 107 airports passim Europe, including 24 locations in the U.K. and Ireland. By the displace of March 2006, it leave alone operate a fleet of 107 rising Boeing 737-800 aircrafts with orders for a hike 70 new Boeing 737-800. incumbently, Ryanair carries over 35m passengers cross 21 European countries and over 267 low fare routes at the lowest price. Current employment stands at 3,000 comprising of over 25 different nationalities. The company recently announced a put down fractional year profit figure (year 2006) of 237million with a job produce of 29% to 18million passengers.

Its current market performance is illustrated in the flurry below; Summary Table of Resul ts (IFRS) - in Euro Half twelvemonth cease !         Sept 30, 2004         Sept 30,2005         % Increase Passengers         14.0m         18.0m         29% tax          710.3m          946.2m         33% Profit subsequentlyward tax (note 1)          201.2m          237.0m         18% fundamental EPS (Euro Cents) (note1)         26.49         31.00         17% Note 1: Adjusted profit after tax and EPS during the half year ended 30 family 2005... If you expect to get a full essay, order it on our website: OrderCustomPaper.com

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