Well, it makes a difference to talk about someone than BA who are on Day 3 of their third (or is it forth… I loose track)
Lets talk about everyone’s “favourite” Low Cost Carrier – Ryanair, who has reported a nifty pre-tax profit of €341m, recovering from a loss last year, thanks in no small part to the reduced price of fuel.
The airline reported revenue was up 2%, and passengers numbers were up 14%. The numbers of course do not involve any volcano ash in them, which is about €50m.
Of course, Ryanair’s ancillary revenue helps its cost base an awful lot, as they’ve put up baggage from £15 to £20 a bag. Which means use the hand luggage limits and don’t go over them.
Of course, the Odious Little Man had a little outburst at the Volcano incident and how much they’re liable under EC/261
To quote him:
“These regulations weren’t designed for the catastrophic closure of European airspace for 18 days, they were designed for a fog event over one night at one airport,” he said.
“These regulations have got to be changed.”
Well the regulations are there I’m afraid, so it’s time to suffer. And there to protect the consumers too. After all what’s €50m between friends? It’s not as if Ryanair are expanding their fleet as it is…
At least an airline is making a profit in these murkey times….
