Updated: 09/12/2002; 19:47:57.
Geoff's blog
Personal thoughts and happenings in Geoff's life
        

05 November 2002

Ryanairs results are amazing a 32% net margin. This says it all

"But cost reductions have also played a key role in Ryanair's financial performance. In the past six months alone, costs per passenger have fallen by 11 per cent. According to Ryanair's figures, it carries 9,492 passengers for every employee on the payroll. The equivalent figure for easyJet/Go is 5,500 passengers while for British Airways it is just 620 passengers".

Poor old Easyjet has some way to go to catch up.

 


8:10:09 AM    comment []

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