Why Ryanair Makes So Much Money
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- Опубликовано: 20 июл 2021
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Small correction: It is possible to buy connecting flights with Ryanair. For example if you search for flights from Charleroi, you are given the option to fly to Athens, Brindisi, Catania and Larnaca with one connection. Although they only offer connections at Bergamo I think
Ok
I have a problem doing business with companies that do not have any phone numbers listed on their website. Square Space only has an online form for contact. If I ever have any problems I have to wait for someone to respond to my email. I know that zero phone contact is the way most businesses are going, but I guess I am old school. I feel like any problem I have can solved within a 5 min phone call.
Hiii I love you channel
@@CC-si3cr m
Ryanair, of course, cuts costs by having passengers pedal the whole flight to power the plane
Yes obvs
Save Cost
And make them pay for the fuel (food) and water they consume. Lol genius!
@@12kenbutsuri Once, they even had thought of charging to use the inflight toilet ..idea abandonned.
I've heard Ryan Air staff even do the airline cleaning i.e. picking up rubbish inside the aircraft, vacuum the floors, etc., thereby saving on maintenance.
As a Bosnian, I can say that most people here fly very rarely, many never have, exactly because of how expensive flying usually is. Now with Ryanair and Wizzair it's possible to visit some beautiful European cities with a direct flight for a very small price. Many young people will buy a return ticket and do a low cost trip to places they couldn't afford to fly to without these low cost flights.
Makes sense of course. At 12, or 25 Euros...the whole flight is cheaper than buying a standard lunch meal in any French, German or Italian big city....!
So it’s a good thing for poor Bosnians, but an awful mess for the vast majority of Europeans unfortunately
@@TheLuis0087 I m French, which is not as such considered a ' poor ' country compared to other...Does not prevent in the office colleagues to check the likes Ryaniair or Easyjet for finding some low cost tickets to European cities.
@@TheLuis0087 what mess? i live in Liverpool and enjoy a flight from John Lennon airport at low cost to Nice, Krakow, Cologne, Belfast, Dublin, Norway, Malaga....what is the problem? i don.t want a fancy meal i just want to get to the place!
@@peterwhitaker4038 Yes. Same when you go ti buy cookies or simple butter, milk, toilet paper, vinegar or body lotion you like to go to Lidl or Aldi and find all these basic products 25% on average cheaper than branded products. Moreover, these no name products, with now packaging copying the leading brands, are often produced by the same medium size companies or factories that make the big brands....on different producing lines
Nonstop Dan: Why lost-cost airlines make the most money
Wendover Productions: Stay out of my territory!
Dan vs Wendover.. the ultimate YTer showdown in the skies
I dont see Sam as a territorial person imo
@Huang Jianhao you seem to agree with everyone
Both sponsored by Squarespace?
What you also forgot to mention is that there are some cities/countries which actually pay Airlines to fly there in order to stimulate tourism - that’s how you get flights for 9€ from central Europe to Eilat
Indeed. Some polities love the idea of having their own airport within semi-rural areas/secondary urban areas. So you end up having a polity paying the airport used quasi-exclusively by Ryan Air, and subsidizing that airline to use the airport on top.
In France, the city of Montpellier did just that. It subsidized AMS, a Ryan Air subsidiary, fiscally based on the isle of Man for promotion of tourism.
Ryan Air is getting away with anybody but them paying for externalities. In video game terms, I'd say they're effectively farming public money.
That's just a shady form of bribery. That country is using its tax dollars to pay a huge chunk of the losses from "bargain basement" ticket sales to get the airline over there.
Where can I get those tickets. Sounds too good to be true. Especially when dealing with Israelis.
@@Ron.S. Right now Israel has still halted all tourism but I actually had a flight booked to eilat in March 2020 for 9€ with Wizzair, they will probably start again once the travel restrictions will be dropped
@@largol33t1 I wouldn't call it shady, the politicians see the benefit of having high numbers of tourists spending money in their constituency and workers willing to go there and have access to cheap flights so there's a net positive outcome.
Fun fact. Ryanair chose the Boeing 737 mainly due to them having built in boarding stairs at the front, so they don't need air stairs for that door, cutting that cost at each airport by 50%.
From a frequent Ryanair passenger. 😉👍
The main reason is that they can quantify every single drop of fuel since the moment they use the same plane.
It’s nothing to do with this. It’s as simple as it was a better price than Airbus.
@@Elnino2910because they were so cheap after 9/11. Ryanair didn’t care and put in an order for 100
The A320 also had this option, though it wasn't as popular due to the tall gear compared to the 737
I’m a pro business conservative and even I think making pilots “independent contractors” is going too far and downright unethical business practice
I Agree... That’s why some of the pilots who are actual employees went on strike about two years ago...Ryanair had to reschedule & cancel flights.Ryanair gave into their demands, but now charges for any carry on baggage.
You must not be an American conservative, because they jizz in their pants over these business practices.
@@Bash70 😂
I guess you just aren't conservative enough (wink wink)
Uber started it. There will be more ;)
You forgot 50 Euros for the use of steps 🤣
Lol
Steps? What’s wrong with a big pillow on the tarmac?
@@newyorkeranew Some people might have problems jumping from the pillow to the plane 8D
200 euro for oxygen
I don’t know why this flopped, but Dan, this is probably one of your best videos. I work in revenue management at a major US carrier, and you explained it better than I could. Well done.
False self-employment is mostly a thing of the past as Ryanair was forced in many countries to directly emply their pilots and allow unionization. Thats why all french, italian and german bases are now operated by malta air. This way Ryanair keeps its irish carrier union free
What's this? Can you explain in more detail? This is very interesting. Or can you post the link/s to sources? How is Malta Air involved with unionisation in Ryanair?
At 1:39 of this video, you can see "Operated by Malta Air" written on the Ryanair aircraft
Meanwhile in Singapore unionisation is usually allowed, but unions (except AirLine Pilot Association Singapore) have to be members of the government-linked NTUC organisation (which was headed by the Minister of Labour), which has a social compact via the Nat'l Wages Council where workers have to show increased productivity to have pay raises. I heard this compact has been rejected by some people elsewhere e.g. protesters for higher minimum wages in the USA. One thing making this more acceptable here though is that the country is significantly reliant on foreign investment, who could always pack up & leave if we don't give them as favourable business terms & conditions. Also, many of our blue-collar jobs are done by foreigners, who're banned from unions (probably due to foreign political interference concerns)
Ryanair has a high turnaround too. Last time I travelled with them I was waiting to be boarded while the arriving passengers were being offloaded.
25min
Went from weeze (ryanair's "bootleg" dusseldorf airport) to marrakech once and they simply fly to marrackech in the morning, arrive at 1 P.M. dump passengers out, next passengers in, and fly back. arriving back at 5 P.M. this means the staff has a full 9 hour work day with a 25 min break in between.
i have flown with ryan air atleast 12 times.. and this has never happened to me. The flights where I have been though are from Frankfurt to Athens and backwards, maybe that changes because there are a lot of flights every day. but if a remote airport has a hub for ryan air then I expect this problem tbh.
Me also. Don't forget anything that would need to return to the aircraft : it has already left for return !
@@gheorghepetrovan3946 and that's a good thing. Ryanair pilots really appreciate being home every day and enjoying a 5 on 4 off roster ad eternum
Not sure if you mentioned it, but their 737 has built in stairs, an option on all 737 but not many airlines spec that option. No need to spend money on and air bridge or even on a set of manual pull up stairs.
It’s nothing to do with the costs of airbridge but more the time it takes to put an airbridge on and off vs airstairs. Hence you’ll find at most airports Ryanair fly to that they use air bridges it’s a 35 min turnaround and not 25 mins
@@Elnino2910 Good info!
@@iain8837 you’ll generally find it’s usually only airbridge used in hotter climates to, this is because they have an air conditioning unit underneath it they plug into the aircraft!
They always use Airport based stairs for the rear doors on their 737s
I've flown them for 30 years at least on business nearly always and have had literally issues I can count on one hand. The flights are typically punctual, and I know what I'm getting when I buy the ticket. I always pay a bit more to choose the seat and priority boarding. The crew are always good enough, no worse, no better than other airlines, typically, they're friendly. You're not getting Emirates or Qatar business class service, of course you're not. But nobody can tell me the service from BA, Air France, KLM, SAS, Lufthansa etc etc in Economy class these days.
I love your channel so much and you're one of the only airline reviewers who are honest and I love every single one of you videos!!!!
Your knocking out some interesting videos of late Dan. I mean there all great, but I love these businesses model and recent demise of first class ones recently! Great work dude.
I love your documentary style videos; I've learnt a lot from this one. Thank you for your efforts and research in putting it together.
glad I found your channel. Travel has become the thing of nostalgia these days - it's interesting to hear your insights.
Keep posting Daniel, I am honestly enjoying your videos, and I never knew low cost airlines are profitable.
Excellent analysis. Love these financial insights into aviation industry. Do post more of these videos often!
I really enjoy your 'normal' travel videos, but this one, which I have only just seen, is absolutely fascinating - well researched and presented. Nice one.
Sir these analysis videos are amazing and the editing is next level
Thank you so much
"Ryanair is based in Ireland", actually Ryanair was founded by an Irishman (Tony Ryan), its current CEO is Irish (Michael O'Leary - who also owns a large amount of stock) and the airline flies with the Irish flag on its aircraft. Ryanair is not only based in Ireland, it is an Irish airline.
Incidentally Aercap - the largest lessor of planes in the world is also an Irish company (Aer is the Irish word for Air) again HQ'd in Ireland. Ireland in general and Dublin in particular is the aviation capital of Europe.
Well said!
They should have a pint of Guinness emblazoned on all their aircraft.
Passports too!
Ryanair has a UK subsidiary (not based in the EU) called Ryanair UK.
@Andrew Robinson Coca-Cola have local subsidiaries in most countries they operate in too. Are you suggesting Coke is a UK company simply because it has a subsidiary or affiliate registered there? The next time you see a Ryanair plane in Stansted or any other airport in the UK for that matter, check out the flag on the end of the plane. 🇮🇪
@@Rumpelstyltskin who cares?
Great video Dan! Your research is always very detailed and presented well. Super interesting!
Dan I love this series! I eagerly wait for videos! Keep them coming! 👍
Fascinating, Dan. Many thanks for a most informative vlog.
Love the explanatory videos! Very informative💪🏻🤩
Loved this video. Although a lot of the info was not completely new to me, you structured it well to explain in a clear way the question you asked.
Well done Dan. I always enjoy your documentaries❤️👍✈️
Very interesting! Learned a lot! Thank you for sharing!
This was one of the most interesting aviation related videos for me. Thank you very much!
loving this style of videos Dan!!! but please also don't forget your originals that we all love and know...
Loved this video! (I almost wrote 'loved this analysis').The way you clearly outlined the key pieces of Ryan air's business & operational strategy that enable Ryan air to build a business (however I might feel about that business) and make that business profitable, is superb. If you ever tire of making youtube videos (would prefer if you didn't - these are great), you'd make a wonderful equity research analyst.
I love your videos. I Learn so much about planes and they way they work. Fave RUclipsr by far
Very interesting and well explained! Thanx Dan
Sabrina x
Thanks for great information.God bless you and your family
Fantastic video lots of great information 👍
Very Informative, thank you
Mind-blowing! Thanks Dan.
Interesting insights on ULCC, Dan. As I've stated before, amazing how you went from filming basic takeoff and landing videos (with no narration) to this present format. You've come a long way!
Very informative video! My favorite aviation channel❤
Nice analysis! The cerebral component of your content makes your travel videos a cut above your counterparts. Please keep it up!!
5:26 In Singapore (home to the world-class/famous Changi Airport), even if you check in online, print your boarding pass at home & don't have any luggage to check in, the aviation security laws here still require you to Q at the airport's check-in counters (though you can use the self-service ones) to have your travel documents checked, except in Terminal 4 I think, which has the biometric Fast And Easy Travel (FAST) system
Thank you for clarifying this for me. I have often wondered.
Thank You - very interesting and informative!
Great Video Dan! Thanks for the content :)
Excellent video, Dan!
Thank you Dan, for vid!
Very interesting topic Dan!
Dan, I had limited knowledge of Ryan Air. Very interesting video. I enjoy your special segments. Thanks.
Always interesting Dan....keep it up
Love this. Please do more on budget airlines
Such a good, informative channel
Nice informative video!
Great Analysis!
Thank you so much for sharing 👍🥰
Excellent Video!
Your videos are amazing at all I can't wait 500k subscribers
Nice work Dan.
Nice job, Nonstop Dan!
Great insight Dan. Could you do one showing the comfort levels of seating please.
This just reminds me of how people are like
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Well done! I found the independent airline pilot model extremely interesting.
Wow such a well made video 🙏🏻
You forgot the (Employed)VFR (Visiting Friends and relatives) traffic. For example, Wizzair competes (mainly in the beginning) against bus companies who operate routes from Eastern to Western Europe
I’ve never flown one of these low-cost airlines in Europe, so I figured I’d check it out next month. Business class to and from Europe, but EasyJet from London to Budapest? Why not? 😂 I own a travel agency, so I figure this is a huge hole in my personal experience - and since I’ve always flown the major airlines in Europe, I really want to be able to explain from experience what the difference is in Europe.
it's been a year now. Please do tell us your findings to help us
Loved this video. Great explanation of how LCCs profit.
Another fantastic vlog.
In my experience, you get what you pay for. If you take a very small amount of hand luggage only, don't sign up for any extras, and you're prepared to travel uncomfortable hours in an uncomfortable plane, then Ryanair is great value. If, in my case, you want to fly return from Oslo to Newcastle, you will probably have to take a two-hour bus ride to Torp (in the south of Norway) and then fly maybe via Riga, Gdansk, Shannon, or Bergamo (!) to reach your destination. Depending on your departure time, this can take up to 40 hours. Oh, and be prepared to be bombarded with (optional) extras from the time you book online to when you disembark.
I enjoy your videos Dan. Much love from 🇰🇪
Well-researched video! :)
Love this channel
Thanks for this video
Thanks Dan super infromative infromation simply best.
Hi Dan,
In the US, it atcually started with AirTran which was purchased by Southwest.
Ryanair has for some routes created the market and then capitalized on the new market by raising prices.
Like the examples given, by going to small airport in second cities or smaller cities, they could get good deals from the airport, offer great deals for the flight, increase the flow of passengers, make the destination appear on the map, then they can demand good deals from the aiports or they bail + increase prices for flights to a destination that is now much more recognized.
I see this in Porto (Portugal) which became very popular with European tourist because off course its a great destination, but also it is well connected since RyanAir started operating there.
Great video ❤
In America Southwest does it differently. To start with, they operate only one aircraft type. They keep them well maintained and up to date. Their fares aren’t much lower than other airlines but bags fly free, there’s no extra charge for canceling or changing flights, the crews make it fun to fly, they have fast turnaround times, they have only coach seats and fill all of them on most flights. Seldom are arriving times late. In short, Southwest treats their customers right and that’s why passengers love and are very loyal to Southwest and why they always turn a profit.
Not even sure why they are compared to low budget airlines when they give you more than many regular budget airlines. Their seats are also nicely spaced.
God bless you.
This is a great companion piece to Fascinating Aida’s Cheap Flights song - look it up if you haven’t seen it
Excellent video.
That background music is relentless.
😂😂 "Why the hell not? Let's go to Banja Luka and check it out ." 😂😂
I love it!
Ryanair was forced to hire a majority of there staff directly... so the statement of not having any pilot directly employed is not correct.
Also, they offer a limited number of connections. But its still mostly point to point.
Well it also depends upon the managerial decisions when it comes to fuel, they can hedge the fuel for substaintially low price for multiple years of operations
Southwest doesn't do meal services and seat reservations and hubs; they use secondary airports like Bellingham, WA. Remember 10 min turnaround in the 90s!
Love this
I thought here in the US Spirit and Frontier are about as rock bottom as an airline can get then I heard about Ryanair seriously considering charging passengers for use of the lavatories lol.
Thanks for that insight, I wondered how they did it. Luv Ryanair almost 100 % of the time, but they did leave me stranded in Fuerteventura when covid broke out, but got full refunds on all my flights without any bother, not the same success with the car hire, but that was NOT via Ryanair.
I go lots on Norwegian which is a low-cost airline and it's amazing that there is free wifi on those planes because airlines like KLM just recently introducted it. Feels also nice that I'm gonna go to Umeå soon from Stockholm in about a month so it will be fun to see the new Norwegian Air Shuttle.
Norwegian is an interesting example. Most of its network now shuttered. Only a limited number of routes remain.
Wait Norwegian still operates outside of Norway
@@PeterBuvik Yes!
@@PeterBuvik Since I last posted here Norwegian has announced new routes to the UK in 2022. However things can change in aviation. Nothing is guaranteed.
They can make even more money... when they start charging to use the lavatory
reminds me of a local airline that used to advertise non stop and direct between New Orleans and Baton Rouge. Anyone familiar with that area knows there is nothing there between the locations other than a couple of large lakes. Running joke was TTA. (name of airline) Tree top airways. By the time you are off the tarmac at one location you were touching down at the other. 15 minutes flight time. Yup hubs everywhere
On the labor side, another huge advantage of low cost carriers is their relatively recent inception. Unlike legacy carriers, LCCs do not have to worry about paying pensions and healthcare costs for a multitude of retired former employees
tell me ur from the US without telling me ur from the US
but yeah as s1 else pointed it out, airlines (or any other company for that matter) doesnt have to pay for ur pensions, and the amount they pay for ur universal healthcare is minimal, but its always there, not just for the elderly
@@andyrob3259 Meanwhile in my country, pensions are also self-funded i.e. as deductions from employees' salaries, so that creates an incentive for them to retire later too
I flew Easy Jet from Cph. to Newcastle, but sadly only for a few years. Then I had to go to via Heathrow or Schiphol for the transfer.
How can the additional paid items be all profit ? When food costs them money so it’s not all profit when they sell snacks and drinks.
You’re absolutely right
I’m in Malta 🇲🇹 and there are more Ryanair flights in and out than Air Malta itself rarely makes an appearance here.
Go figure.
Nod get airline give you an option which service type to choose.
Another advantage for budget airlines, due to their low cost model, they can fly to small cities where the full service airliner will find not profitable.
That's the price of a pint in Temple Bar!
Wendover Productions: Finally, a worthy opponent, out battle will be legendary!!!
To people hating on Ryanair, you can pay for extra legroom seats, food, and checked bags for less than full service airlines like British Airways and Lufthansa.
I may be the first person to comment on this video... Every topic you discuss is very interesting... Awesome video ❤️❤️❤️
Congratulations 🏆
How did you type all of this so quick
I’ve never been on Ryanair; however, I kinda of want to fly on it as every aviation video has something about it 🤣
The only time I flew Ryanair was a disaster. Never again!
My local airport is leeds bradford and it is easyjet, jet2 and Ryanair with one BA flight and a KLM flight