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RYANAIR’S SEEMINGLY ENDLESS stream of good results has turned up another bumper set of figures for the end of the UK financial year – with the airline reporting a 43% jump in full year profits.
The airline reported a profit of €1.24 billion to the end of March, up from €867 million during 2015.
This saw the airline carry more than 106 million passengers in the year, following on from news in January that Ryanair had become the first airline to break the 100 million mark for passengers flown in a calendar year.
The rise and rise of the budget airline has also seen boosts in a number of other key areas, with its revenue increasing from €5.65 billion up to €6.53 billion, and a 48% increase on the amount earned on each of its shares.
The airline’s load factor – the percentage of seats filled per flight – also rose by 5% up to 93%.
So why all this success?
Back in 2014, Ryanair made a commitment to improve its customer service record, and since then its nice-over has been reaping results.
Speaking about its Always Getting Better (AGB) programme, CEO of the company Michael O’Leary said:
Our AGB service programme is attracting millions of new customers to our lowest fare/ lowest cost model.
Ryanair – at one time much maligned for its poor customer service – has made changes in a number of areas.
To try and boost customer services interiors of its aircrafts have been refitted, its website and mobile app have been overhauled and the selection of primary airports on offers has been increased.
This has seen the airline expand into new bases in Belfast, Berlin, Corfu, Gothenburg, Ibiza, Milan (Malpensa) and Santiago.
Plain sailing?
While it would be hard for the company to be pessimistic after such a bumper set of figures, there could be a few storm clouds on the horizon.
In a statement the company has said that it expects there to be a drop in fares over the coming year, with an Easter holiday not falling in the coming financial year and Ryanair’s competitors availing of lower oil prices.
Terrorist attacks and strikes by air-traffic controllers (which have mostly taken place in France) are also things that the airline expect to hit its profits next year.
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Lucky them saving their ears from that torture.
@Andrew Kenny: OK Boomer, are Crosby, Stills and Nash not touring anymore? Is that why you’re lashing out at young folk just having fun…
@Sea Point: Young, you forgot the most important one
@Sea Point:
In all fairness though, her music is shyte…
@Regular John: it keeps me up all night…
What is it with powerful outspoken indecently thinking young women that , triggers so many men
@Robert Halvey: its because they are snowflakes and get easily upset with anything to do with Taylor Swift
@Robert Halvey: in this case, because she is none of the things in your list. I think it is the ridiculous hype that winds people up. Swift is a prototype for a certain business model in the music industry. That’s her real significance. It began with Presley and the Beatles and is now at the stage marked by swifts marketing,merchandising machine. Worth studying but the music itself ,though popular, is nothing to write home about.
@Robert Halvey: Just one of many things that upsets them I’d imagine. They spend their days complaining and accusing everyone and everything of being “woke”, constantly angry.
@Robert Halvey: i don’t like her music. I don’t like Ed Sheerans music does that mean I’m triggered by him?
@Alan: That’s fair, I think her music is the blandest type of pop that would never interest me. Very little pop music has any interest for me, at the best of times.
She gets a particular level of venom directed towards her that is just not justified though. She is extremely successful and worked hard to achieve that success. She has shone a light on how artists can take control of their music, via the Taylor Versions (which, regardless of what genre or artists you or I like more, benefits from).
Pretty sure that the most vitriolic types that attack her for doing her thing, are the same types that follow people like Andrew Tate or Trump.
@Robert Halvey: That’s an interesting point. Why do males react so negatively to successful women?
@Patrick MC Dermott: ‘Males’ may, Men don’t.
Male Taylor Swift fans getting their knickers in a twist over comments and calling other men snowflakes ?? … LOL, you couldn’t make that up !
@ben wu: but then these records come out in multiple formats and the fans buy them all. Extremely cynical marketing? Plus she doesn’t write all the songs herself, so the image is a composite of various other peoples ideas. Which is fine if you make a point of indicating that. End of the line for me is her bringing her boyfriend onstage ffs lol liberation for women, that’s what I preach
@Patrick MC Dermott: So because she’s a woman we have to like her music and say she’s great?
@Alan: As far as I know, regarding the Taylor Versions for those 6 albums, she has always had a songwriting credit, or co-contributing songwriting credit on every song. It’s literally the reason she was able to re-record them when she got blocked from buying the masters.
There are not many major artists that can pull off that sort of move, Prince may have been one, but he chose a different road.
That her fans bought those records, is not really of too much interest to me, and from what I’ve heard, a significant number of people that are not her fans (people that write songs) also bought them just to send a signal to the types that are buying up back catalogues just to profit off of.
@Ger Whelan: same here too much hype about them and music is over played
@Martin Bishop: ha ha
@Martin Bishop: More like they are baffled over peoples obsession with her.
@James T.Kirk: Do you not find it a little odd, that the ones that post on every article about her and shout loud about how much they dislike her, are the same types that view every article and think their comment has value?
@ben wu: her music all same and as for blowing his own trumpet well the world would be better place without him in it
@Karen Marten: Music tastes are subjective. There are a lot of very successful artists for whom I have utterly no interest in. I don’t engage in disparaging them or their fans, since…why bother? Could also add that success is a metric that is objective, whether number of records sold, or number of concert goers.
I’m fine with liking a lot of artists that don’t have pop success or mainstream recognition, I just don’t see any point in just hating on ones that I wouldn’t listen to. It seems very much like a waste of time.
No idea what the rest of your post even means.
I’m sure mammy and daddy will sort it out for them.
No wonder the Hoteliers where giving out about the strike, they where fleecing all these people flying in for the concert.
Oh diddums so sick of hearing about her ans hearing her naff sings
@Karen Marten: ok Karen
@orb7eckn: and what exactly are you saying ok Karen to. Oh could it be you are calling me A Karen
@Karen Marten: I’m sooo not upset .
Back in my day, a swifty was a quickly rolled joint.
What is going on here? A person with an average voice and who puts together two and three-chord jingles is paid billions? Plato warned that the decline and fall of civilisation would be preceded by the decay of its music. Future looks grim
“Shake it off…..”!!!!!
She make a great golf club
When will this Swift nonsense end?
It’s going on for weeks, just do your concerts and get lost.
There are other things going on besides these First World problems
Great.. Might be a few cheap tickets available then.
I only ever seen her eye glitch but I’ve never heard her voice and there’s a reason for that.
Ahh boo and hoo too!
Dear Friends in Music,
As a Non-Touring Independent Artist, it’s difficult to grow a fan base.
I’m looking for your help in building a bigger following on Spotify.
I would be very grateful if you could open the link below and click the FOLLOW BUTTON and then click the follow button on my Spotify page.
Very much appreciated,
Thank you
Patrick
https://distrokid.com/hyperfollow/patrickwestman/all-my-colours-fade-to-blue
Oh, the Humanity!
Bought two tickets, not for me I hasten to add, but have listened to a few of her songs, and she’s not bad. More a Zep fan myself, with a bit of Mahler or Boulez thrown in for good measure, but now when she comes on the radio, I don’t turn the dial as they say.
have your say