16 January 2009

Ryanair record falls

Despite the doom and gloom Ryanair continues to confound the world. With a significant reduction in capacity – FR is still able to make good sales.
The Irish carrier recorded it best ever week 9-15 January 2009, with over 1.5m seats sold. Monday 12 January, with 350,000 seats sold, was its best ever day. However when I flew them this week on flight was less than 50% full. So expect to see falling load factors in the coming weeks.

If it kept up that torrid pace it would exceed its 2008 total pax. However I suspect that the airline will indeed break the record again this year and looks to record another record breaker. On average the airline is now lifting 1 million pax a week (58 million a year). There are now very few airlines on the planet left who book as many as Michael O’Leary’s team.

So if they go long haul (correction WHEN they go long haul) this will open up an entire new set of options for them.

Interestingly for people who have never flown the carrier – their self service checkin product at STN and other major hubs is working pretty darn well. Its so simple!

Cheers

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