31 MAY 2010

YOUR WORDS


Readers are invited to add their comments to any story. Click on the article to see and add.

BTN DISTRIBUTION

BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.

Index

Email this Page
Bookmark

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
info@btnews.co.uk
© 2018 Business Travel News Ltd.

Article from BTNews 31 MAY 2010

HAPPY TALK: Do not believe what you read

Ryanair’s April Traffic Grows 17%

That was the figure splashed across the press release.

Journalists and city followers of Michael O’Leary have long been accustomed to scrutinising the small print for the truth and in this case have come up trumps.  The Ryanair April figures include 1.2m passengers the airline did not fly due to the ash problems (and whose fares and “reasonable expenses” were returned).  Ryanair actually carried a very respectable 5m passengers at an unknown load factor but not the 6.2m or the 67.4m suggested for the full year.

However at the average fare of €30 quoted by Ryanair spokesman Stephen McNamara this translates to €360m in April alone, plus ancillary costs.  On Tuesday (1 June) Ryanair announces their full year profits until the end of March, which are expected to be in the €275 range.  Quite what Michael will forecast for 2010/2011 is anyone’s guess.

But read the small print.

Index/Home page
 

OUR READERS FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


No one has commented yet, why don't you start the ball rolling?


Add your comment

First Name
Surname
Email Address
Company (Not obligatory)
Country/City
Comment
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.


www.btnews.co.uk