Not sure about that, Chris. Every Ryanair flight I have been on in the past
several years (including 2 this year) has been full. They are doing an
excellent job of managing their load factor. And people are clearly voting with
their wallets.
I am no fan of them, prefer Easyjet, Norwegian, Air Berlin and other low-cost
airlines. But I am glad Ryanair is around to pressure the others on price.
Nathan
Nathan Wajsman
Alicante, Spain
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On Dec 4, 2009, at 7:20 AM, Chris Barker wrote:
> That's one end of a continuum, Andrew. It is generally recognised, in the UK
> at least, that a healthy company remains profitable only if it takes into
> account the needs of its stakeholders: the employee, the customer, the
> general public et al. A well-run company doesn't tread on its employees.
>
> A case in point is Ryanair; it treads on most people, but its success is
> pretty fragile. I reckon that it will fail in the next couple of years
> because it will have run out of customers to treat like dirt.
>
> Chris
>
> On 3 Dec 2009, at 21:09, Andrew Fildes wrote:
>
>> Bottom line - increase profit, dividend, yield - grow and stay healthy
>> in a corporate sense. The duty is to the shareholder, not the employee
>> or the customer - because the shareholder can hurt them directly and
>> immediately.
>
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