NEW ARTICLE: Is Ryanair still pick of the budget airlines? "LSE:RYA:Ryanair is flying more passengers than ever before, revenue rose during the third quarter, and costs are falling fast. Unfortunately, so is profit, and by more than expected, caused by a slump in fares as the budget carriers fight for ..."[link]
NEW ARTICLE: Ryanair keeps beating easyJet "Battling against the violent winds of repeated terrorist attacks, strike action and the Brexit fall-out, LSE:RYA:Ryanair managed to report a small increase in profit in its opening quarter. But the low-cost airline became the latest to warn of ..."[link]
more passenger traffic beaufort's note from this morning: Ryanair continued to expand its passenger traffic and load factor yearon-year, delivered record monthly statistics. Passenger traffic represents number of earned seats flown, while load factor represents number of passengers as a proportion of the number of seats available for passengers. Although the growth momentum for the passenger traffic has significantly slowed comparing to the prior 6 consecutive months where on average, passenger traffic grew +22.8%, it sees some recovery from the +10% growth in April. Such growth, despite ongoing Air Traffic Controllers ('ATC') strikes, was achieved by offering lower fares to customers. As previously announced, pricing will be lower this year (FY2017), particularly in Q1 and Q4, with management expects average fares to fall around - 7%, amid intense competition. Having said that, however, given the Group's cost discipline, continuing positive impact of the AGB customer experience programme, together with significantly improved fuel and FX cost hedging terms this year, we are confident that Ryanair has its momentum for further growth and remain attractive within its sector. The Group expect flat load factor (93%), +9% growth in passenger traffic to 116 million customers, and ex-fuel cost reduction of -1% for the full year. - pulled from Research Tree
beaufort's note from this morning: Ryanair continued to expand its passenger traffic and load factor yearon-year, delivered record monthly statistics. Passenger traffic represents number of earned seats flown, while load factor represents number of passengers as a proportion of the number of seats available for passengers. Although the growth momentum for the passenger traffic has significantly slowed comparing to the prior 6 consecutive months where on average, passenger traffic grew +22.8%, it sees some recovery from the +10% growth in April. Such growth, despite ongoing Air Traffic Controllers ('ATC') strikes, was achieved by offering lower fares to customers. As previously announced, pricing will be lower this year (FY2017), particularly in Q1 and Q4, with management expects average fares to fall around - 7%, amid intense competition. Having said that, however, given the Group's cost discipline, continuing positive impact of the AGB customer experience programme, together with significantly improved fuel and FX cost hedging terms this year, we are confident that Ryanair has its momentum for further growth and remain attractive within its sector. The Group expect flat load factor (93%), +9% growth in passenger traffic to 116 million customers, and ex-fuel cost reduction of -1% for the full year. - pulled from Research Tree
Well run company I've been in Ryanair for quite a long time. In the past you were betting on O'Leary just being ballsier than his opposition. But frankly, Ryanair now seems simply the best run airline in Europe. It's properly hedged, it doesn't spend money it doesn't have and it doesn't piss off passengers. I think it will continue to slowly grow, partly as the market expands, but also at the expense of competitors with a higher cost base. O'Leary may have been reluctant to stop abusing passengers, but he deserves credit for taking the advice on board.
Jaws I don't know about everybody else, but it seems to me with load factors of 93% and monthly customers carried of now 10m, the old saying by Richard Drefuss " I think we need a bigger boat " is starting to scream at me.GLAAliD
The Petition is gaining support Apologies for board hopping but-The petition is going quite well; 4300+ signatures so far. Although it really needs a turbo boost.[link] petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016.The FCA don't even reply on the matter, now is your chance to have your say.If you hate seeing buys reported as sells etc!!!!!!Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.My local MP supported this petition by writing to the petitions committee to help un-stall it.Theres 650 MPs in Westminster, So have you written to your MP? 649 to go!If this petition doesnt reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.So If you havent yet signed or indeed have but havent passed it on to others, then nows the time to do so. We really need a social / media savvy individual to help generate more interest in this.
Volatile This must be the most volatile share I own - and I have oil shares! One minute its up nudging 15 Euros and then its back down close to 13. And this during a share buy back! Wish they'd just given us the cash.Dave
Hedging Might be worth mentioning Westminster Group in light of recent events in Brussels. Amongst many strings on their guitar they have an Aviation security armOwn due diligence.
Joke of an airline Online Check IN Website down this morning due to "Scheduled maintenance"What sort of dim wit organizes scheduled maintenance at 10am in the morning for a website relating to airline check-ins?Website did not state this - their online staff claimed this.I would telephone to complain......but it costs me to call them. Thought I'd whinge on here. I resent the inability to flight OUT with a boarding pass for coming back - forcing you to find a computer shop on your holiday to print out your return ticket. Disgruntled.........and not from Tunbridge Wells.
Re: falling share price Yeah. I nearly sold too but believed the 16 Euro targets being discussed. Never mind, up today, so who knows..Dave
Re: falling share price Nice to see anyone post on this siteRyan air is a great company but the shares have risen a long way and like the market need an excuseOil fall was in the rising price, and oil now perking up whether for real or notEasyjet results show price per seat fallingWorry about Sharm and Paris effect, already denting sentiment, if a few more....Masses of new low cost aircraft arriving, Wizz Norwegian Vueling etc growing tho they have a more expensive cost baseIt has risen a long way leading the cyclicals' bull market and were almost at top a couple of weeks agoJust my thoughts, nearly sold then to swap to Shell....
falling share price Not long ago this was heading to 16 Euros - now its falling every day. Why the reversal?Dave
NEW ARTICLE: Trends and Targets for 2/12/2015 "RYANAIR Â (LSE:RYA) has featured in the news today so we opted to glance at the share price. There's an interesting puzzle with this share as our 'Ultimate High' was an impressive 11.4 Euro's. Given it recently traded just above 15 Eu, we're ..."[link]
Re: Oversold Hi Doggedly. FWIW i think they are worth a little more still. Hope i dont put a kiss of death on it. stick my neck out and say 17 euro whats that in real money about £12. Like I said double whammy with exchange rate. yes im still holding but a as I said am always twitchy with airliners due to the nature of terrorism and safety record. It only takes one at fault incident and the wings fall off. Still I will be flying out with them Sunday so hopefully I will still be impressed.GLAAli