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RYANAIR CEO MICHAEL O’Leary has admitted that the Irish airline will not be running low-cost long-haul flights for at least the next five years.
The budget carrier is poised to implement the latest part of its growth strategy (or making itself look less mean to the layperson) by working with long-haul carriers to provide connecting flights to London’s Stansted airport.
The admission came at a news conference in London to announce the prospective partnership with Stansted.
The latest move is a logical one from both sides – Stansted is Britain’s fourth busiest airport and a major short-haul carrier hub but has no access to long-haul carriers at present, while for Ryanair it will be a case of increasing their load numbers without incurring extra costs.
Speaking to TheJournal.ie Stephen Furlong, transport analyst for Davy Stockbrokers, suggested that Ryanair is unlikely ever to go long haul.
“Ryanair themselves won’t do it, regardless of what is hinted at. They’re such a huge player in the Euro market and they have no widebodied aircraft so it simply won’t happen,” he said.
But you can see a scenario where network long-haulers play in with them.
Stansted wants long-haul flights no question, and Ryanair now has an American website which they could use to market these connections to the US, it’s a strategy that has been well worked out.
Davy continue to rate Ryanair, along with would-be Aer Lingus takeover merchants IAG, as their marquee picks in the European airline market for the foreseeable future.
For now, the low-cost airline’s ‘transformation strategy’ is yielding dramatic results – profit guidance for O’Leary’s company has been raised four times already for financial year 2015.
“If you go forward in Europe in the next five or 10 years, I think the low-cost carriers, mostly ourselves and EasyJet will do a lot more feeding of major airlines,” O’Leary told the news conference.
There may be issues of course, I wouldn’t want Ryanair flights delayed because another connecting long-haul flight is late for instance.
But we are not as black and white as we used to be, we’re less dogmatic and I’m learning that we won’t rule anything out.
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promising to pay the student nurses the voting against it and in the same year they gave themselves three pay rises!!
@frank_1916:
And OAPS are waiting for restoration of entitlements from 2008 Prescription charges Phone allowances etc.. A caring government!??
What a fundamentally misleading statement. Sure, if you pay cash you’re pretty much at the mercy of who sold you tickets but if you purchase by Visa or Mastercard, you can invoke the respective guarantee for not receiving what you paid (ie you are not getting a ticket for an event on a day advertised) to obtain a refund (if the ticket seller doesn’t play ball).
Change the law Leo!
No Kylie concert for him
Well, that settles the notion to regain the confidence of the consumer.
F… you leo
Leo’s turning into an awful geebag
@Panikin skywalker: turning into ??? … wasn’t he always one ?
@Panikin skywalker: you took the words out of my mouth
I’m hoping they do. My kids bought me tickets for erasure
@sally reid: 3Arena only holds 14,000, I dont see why it cant re-open next year once everyone attending is vaccinated.
@sally reid:
What or who are erasure? Is it a festival?
@Sequoia: oh sweet child of summer you know not what you miss.
erasure are an 80s pop band for old fogeys like me. 80s music all the way. Big in my day you may or may not remember this one
@Sequoia: google it !! Rather than displaying your lack of intellect
@Anthony McGovern: vince clarke is an absolute legend :-)
If a concert or event is cancelled or rescheduled you are entitled to get your money back, end of, Leo is telling porkies again.
He’s some W____r
Dont buy tickets a year iin advance your just giving the promoter your money for the oromise if a gig that may be resheduled due to poir sales covid or not
I still have tickets for 2 gigs from this summer, both re scheduled for next year….. Hopefully won’t be put back agsin
Leo, Leo, Leo why don’t you close your mouth. Nothing good come out of it.
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