Small correction: It is possible to buy connecting flights with Ryanair. For example if you search for flights from Charleroi, you are given the option to fly to Athens, Brindisi, Catania and Larnaca with one connection. Although they only offer connections at Bergamo I think
I have a problem doing business with companies that do not have any phone numbers listed on their website. Square Space only has an online form for contact. If I ever have any problems I have to wait for someone to respond to my email. I know that zero phone contact is the way most businesses are going, but I guess I am old school. I feel like any problem I have can solved within a 5 min phone call.
As a Bosnian, I can say that most people here fly very rarely, many never have, exactly because of how expensive flying usually is. Now with Ryanair and Wizzair it's possible to visit some beautiful European cities with a direct flight for a very small price. Many young people will buy a return ticket and do a low cost trip to places they couldn't afford to fly to without these low cost flights.
Makes sense of course. At 12, or 25 Euros...the whole flight is cheaper than buying a standard lunch meal in any French, German or Italian big city....!
@@TheLuis0087 I m French, which is not as such considered a ' poor ' country compared to other...Does not prevent in the office colleagues to check the likes Ryaniair or Easyjet for finding some low cost tickets to European cities.
@@TheLuis0087 what mess? i live in Liverpool and enjoy a flight from John Lennon airport at low cost to Nice, Krakow, Cologne, Belfast, Dublin, Norway, Malaga....what is the problem? i don.t want a fancy meal i just want to get to the place!
@@peterwhitaker4038 Yes. Same when you go ti buy cookies or simple butter, milk, toilet paper, vinegar or body lotion you like to go to Lidl or Aldi and find all these basic products 25% on average cheaper than branded products. Moreover, these no name products, with now packaging copying the leading brands, are often produced by the same medium size companies or factories that make the big brands....on different producing lines
What you also forgot to mention is that there are some cities/countries which actually pay Airlines to fly there in order to stimulate tourism - that’s how you get flights for 9€ from central Europe to Eilat
Indeed. Some polities love the idea of having their own airport within semi-rural areas/secondary urban areas. So you end up having a polity paying the airport used quasi-exclusively by Ryan Air, and subsidizing that airline to use the airport on top. In France, the city of Montpellier did just that. It subsidized AMS, a Ryan Air subsidiary, fiscally based on the isle of Man for promotion of tourism. Ryan Air is getting away with anybody but them paying for externalities. In video game terms, I'd say they're effectively farming public money.
That's just a shady form of bribery. That country is using its tax dollars to pay a huge chunk of the losses from "bargain basement" ticket sales to get the airline over there.
@@Ron.S. Right now Israel has still halted all tourism but I actually had a flight booked to eilat in March 2020 for 9€ with Wizzair, they will probably start again once the travel restrictions will be dropped
@@largol33t1 I wouldn't call it shady, the politicians see the benefit of having high numbers of tourists spending money in their constituency and workers willing to go there and have access to cheap flights so there's a net positive outcome.
Fun fact. Ryanair chose the Boeing 737 mainly due to them having built in boarding stairs at the front, so they don't need air stairs for that door, cutting that cost at each airport by 50%. From a frequent Ryanair passenger. 😉👍
I've heard Ryan Air staff even do the airline cleaning i.e. picking up rubbish inside the aircraft, vacuum the floors, etc., thereby saving on maintenance.
I don’t know why this flopped, but Dan, this is probably one of your best videos. I work in revenue management at a major US carrier, and you explained it better than I could. Well done.
False self-employment is mostly a thing of the past as Ryanair was forced in many countries to directly emply their pilots and allow unionization. Thats why all french, italian and german bases are now operated by malta air. This way Ryanair keeps its irish carrier union free
What's this? Can you explain in more detail? This is very interesting. Or can you post the link/s to sources? How is Malta Air involved with unionisation in Ryanair?
Meanwhile in Singapore unionisation is usually allowed, but unions (except AirLine Pilot Association Singapore) have to be members of the government-linked NTUC organisation (which was headed by the Minister of Labour), which has a social compact via the Nat'l Wages Council where workers have to show increased productivity to have pay raises. I heard this compact has been rejected by some people elsewhere e.g. protesters for higher minimum wages in the USA. One thing making this more acceptable here though is that the country is significantly reliant on foreign investment, who could always pack up & leave if we don't give them as favourable business terms & conditions. Also, many of our blue-collar jobs are done by foreigners, who're banned from unions (probably due to foreign political interference concerns)
I Agree... That’s why some of the pilots who are actual employees went on strike about two years ago...Ryanair had to reschedule & cancel flights.Ryanair gave into their demands, but now charges for any carry on baggage.
Went from weeze (ryanair's "bootleg" dusseldorf airport) to marrakech once and they simply fly to marrackech in the morning, arrive at 1 P.M. dump passengers out, next passengers in, and fly back. arriving back at 5 P.M. this means the staff has a full 9 hour work day with a 25 min break in between.
i have flown with ryan air atleast 12 times.. and this has never happened to me. The flights where I have been though are from Frankfurt to Athens and backwards, maybe that changes because there are a lot of flights every day. but if a remote airport has a hub for ryan air then I expect this problem tbh.
I've flown them for 30 years at least on business nearly always and have had literally issues I can count on one hand. The flights are typically punctual, and I know what I'm getting when I buy the ticket. I always pay a bit more to choose the seat and priority boarding. The crew are always good enough, no worse, no better than other airlines, typically, they're friendly. You're not getting Emirates or Qatar business class service, of course you're not. But nobody can tell me the service from BA, Air France, KLM, SAS, Lufthansa etc etc in Economy class these days.
Not sure if you mentioned it, but their 737 has built in stairs, an option on all 737 but not many airlines spec that option. No need to spend money on and air bridge or even on a set of manual pull up stairs.
It’s nothing to do with the costs of airbridge but more the time it takes to put an airbridge on and off vs airstairs. Hence you’ll find at most airports Ryanair fly to that they use air bridges it’s a 35 min turnaround and not 25 mins
@@iain8837 you’ll generally find it’s usually only airbridge used in hotter climates to, this is because they have an air conditioning unit underneath it they plug into the aircraft!
Your knocking out some interesting videos of late Dan. I mean there all great, but I love these businesses model and recent demise of first class ones recently! Great work dude.
"Ryanair is based in Ireland", actually Ryanair was founded by an Irishman (Tony Ryan), its current CEO is Irish (Michael O'Leary - who also owns a large amount of stock) and the airline flies with the Irish flag on its aircraft. Ryanair is not only based in Ireland, it is an Irish airline. Incidentally Aercap - the largest lessor of planes in the world is also an Irish company (Aer is the Irish word for Air) again HQ'd in Ireland. Ireland in general and Dublin in particular is the aviation capital of Europe.
@Andrew Robinson Coca-Cola have local subsidiaries in most countries they operate in too. Are you suggesting Coke is a UK company simply because it has a subsidiary or affiliate registered there? The next time you see a Ryanair plane in Stansted or any other airport in the UK for that matter, check out the flag on the end of the plane. 🇮🇪
5:26 In Singapore (home to the world-class/famous Changi Airport), even if you check in online, print your boarding pass at home & don't have any luggage to check in, the aviation security laws here still require you to Q at the airport's check-in counters (though you can use the self-service ones) to have your travel documents checked, except in Terminal 4 I think, which has the biometric Fast And Easy Travel (FAST) system
Loved this video! (I almost wrote 'loved this analysis').The way you clearly outlined the key pieces of Ryan air's business & operational strategy that enable Ryan air to build a business (however I might feel about that business) and make that business profitable, is superb. If you ever tire of making youtube videos (would prefer if you didn't - these are great), you'd make a wonderful equity research analyst.
I really enjoy your 'normal' travel videos, but this one, which I have only just seen, is absolutely fascinating - well researched and presented. Nice one.
In America Southwest does it differently. To start with, they operate only one aircraft type. They keep them well maintained and up to date. Their fares aren’t much lower than other airlines but bags fly free, there’s no extra charge for canceling or changing flights, the crews make it fun to fly, they have fast turnaround times, they have only coach seats and fill all of them on most flights. Seldom are arriving times late. In short, Southwest treats their customers right and that’s why passengers love and are very loyal to Southwest and why they always turn a profit.
Not even sure why they are compared to low budget airlines when they give you more than many regular budget airlines. Their seats are also nicely spaced. God bless you.
I’ve never flown one of these low-cost airlines in Europe, so I figured I’d check it out next month. Business class to and from Europe, but EasyJet from London to Budapest? Why not? 😂 I own a travel agency, so I figure this is a huge hole in my personal experience - and since I’ve always flown the major airlines in Europe, I really want to be able to explain from experience what the difference is in Europe.
Ryanair was forced to hire a majority of there staff directly... so the statement of not having any pilot directly employed is not correct. Also, they offer a limited number of connections. But its still mostly point to point.
On the labor side, another huge advantage of low cost carriers is their relatively recent inception. Unlike legacy carriers, LCCs do not have to worry about paying pensions and healthcare costs for a multitude of retired former employees
tell me ur from the US without telling me ur from the US but yeah as s1 else pointed it out, airlines (or any other company for that matter) doesnt have to pay for ur pensions, and the amount they pay for ur universal healthcare is minimal, but its always there, not just for the elderly
@@andyrob3259 Meanwhile in my country, pensions are also self-funded i.e. as deductions from employees' salaries, so that creates an incentive for them to retire later too
Interesting insights on ULCC, Dan. As I've stated before, amazing how you went from filming basic takeoff and landing videos (with no narration) to this present format. You've come a long way!
Also.... you must remember that Ryanair is NOT charging all the seats on the plane the same price.....So when you multiply the ticket price by the number of seats....that is NOT correct.....the fact that on your trip you only paid 9 euros... ...it doesn't meandri that all your fellow passengers did
Ryanair’s business model is simple, keep operating costs low = low fares for passengers, profit for the company, growth for the airline and employees. Everyone’s a winner. Ryanair have thought out every detail, for instance, the €55 check in fee isn’t to try catch people out, it’s to discourage people from checking in at the airport which in turn means they don’t need as many ground staff = saving costs. The HQ is is Dublin simply because it is an IRISH airline found there and still proud to fly the flag for Ireland. As for contractor employees, it’s very rare these days, hence the introduction of the group airlines like buzz, Malta etc, contractor employee has many benefits however.
You forgot the (Employed)VFR (Visiting Friends and relatives) traffic. For example, Wizzair competes (mainly in the beginning) against bus companies who operate routes from Eastern to Western Europe
FAlse, capitans in Ryanair are well paid, even better paid that some legacy carriers. And co-piolots aren't paid as little as you can expect Remember that pilots are not abundant, so suply and demand says wages are high
@@tachin2.07 Pilots are not abundant? Trust me, the market is flooded with unemployed pilots at the moment. These companies are asking cadet pilots for a 30K fee TO START WORKING FOR THEM. Even before the pandemic, the market for fresh pilots was not good. (Ryanair was asking 10k before the pandemic) Now after the pandemic the market is flooded with desperate unemployed pilots willing to pay that fee just to start working. And the airlines are profiting of the pandemic to update the contracts, making them shittier
Nod get airline give you an option which service type to choose. Another advantage for budget airlines, due to their low cost model, they can fly to small cities where the full service airliner will find not profitable.
To people hating on Ryanair, you can pay for extra legroom seats, food, and checked bags for less than full service airlines like British Airways and Lufthansa.
Very interesting. But you made no mention of jet fuel hedging. I used to work as a jet fuel trader for a major European oil company, and at that time, Ryanair were very proactive in hedging their jet fuel purchases when the market was low. Most airlines do this, but Ryanair seemed to be especially savvy in this respect. If done well, it makes for huge savings in fuel costs.
I thought here in the US Spirit and Frontier are about as rock bottom as an airline can get then I heard about Ryanair seriously considering charging passengers for use of the lavatories lol.
hang on a minute here Ryanair are based in Ireland because they are an Irish airline as for other airlines being based there its because Ireland is a centre for worldwide aviation. As for trans atlantic aviation Ireland is the only country in Europe with American pre clearance and it is also the centre of the world airline leasing industry because thee whole concept of aircraft leasing started in Ireland with GPA. Ireland is the second biggest purchaser of Boeing aircraft in the world after the US
2 interesting Ryanair tidbits. 1) as flights so low cost, once when needed flexibility on departure over a few days it made economic sense to purchase 3 x €1 tickets (was early 2000's) rather than go a fully flexible ticket with Air Lingus 2) Ryanair used to be vicious with baggage rules, having the scales and measuring tape at the gate. There were even special Ryanair flying coats, that pertty much consisted of only pockets so you can carry half you clothes on you. Anyway , wife once saw old chap falling foul of this and getting most stressed. At take off the gentleman wanted a drink of water and wanted to stand and exit plane. Of course nothing forth coming from Ryanair. Somewhere over Holland he had a heart attack. There were paramedics or people with medical experience on board and they tried to revive, and kept CPR going until the plane made diversion to German. Where in ambulance and paramedics arrived but unfortunately he passed away. Not long after this (and another well publicised similar incident) they relaxed the baggage rules - or should I say were not as strict as enforcing - because our customers now know. After this, and before they got a little less strict, if wife ever saw someone else going thru same overweight baggage hell she would offer to carry the offending item for the person. Anyway RIP to the poor gentleman who had a bag that was a few kg overweight.
Those labor practices are another difference between Ryan and SW. I don't know specifics, but it seems like SW treats their employees pretty well. At least as well as most legacy carriers.
Southwest doesn't do meal services and seat reservations and hubs; they use secondary airports like Bellingham, WA. Remember 10 min turnaround in the 90s!
In the careers section of its website, Ryanair boasts it pays its Irish captains 22 per cent more than Norwegian pilots. It says it pays Dublin-based pilots €156,150 which is about £140,000. Meanwhile it gives its Stansted captains about £135,600. A statement on the Ryanair website on July 24, 2018, stated Irish pilots "earn between €150,000 - €200,000".
Low cost airlines transformed empty and neglected Bosnian airports like Tuzla or Banja Luka... With that benefit the investment came into airport infrastructure as well (new terminals, cafes, stuff like that), local taxi companies suddenly started to make profit, private transfer companies between cities in the country started to make profitable business etc.... So there are many benefits, but the most obvious is it allows people to come back home for cheap money, visit families, some tourists who would never imagine coming to Bosnia decided to come... So, it's a good deal for many.
You see this across a lot of former Soviet nations. Because landing spots are a lot cheaper at these airports they can offer cheaper flights. It's a mixture of both good and bad. Good in that it provides tourism to many countries that previously didn't have much and also allows citizens to travel cheaper themselves. The downside is the type of tourists that comes. I have heard from friends of mine who live in Kyiv that most people are visiting just to get drunk on cheap beer and go home. Because Ryan air flights are so cheap in a lot of cases it's cheaper to have a weekend boozer in Ukraine than one night out in London.
Outrageous crew turnover due to poor conditions, refusing to acknowledge staff unions, no recognition for cabin crew seniority... being 13years or 2 years changes nothing on your payslip
The single plane type argument is less and less now. The 737 MAX requires separate traiing now (though simple). But you can still have a "fleet" of polots who are cross trained on all the types of 737s you fly. However, from a maintenance point of view, there are sighificent enough changes between classic, NG and now MAX (especially engines) that you start to lose efficiency since you start to need to maintain separate spare parts inventories for instance. That is on reason after the 737-MAX disaster, Southwest and Ryannair did not rule out going Airbus. Note that Westjet in Canada started off woth Southwest model (quiite explicitely). But eventually got a "connected" reservation ststem, started to interline with large international carriers, bought Dash-8-400s to serve routes too small to serve with 737 and now decided to go international with 787s, launching business class product and basically becoming a legacy carrier. So I have to wonder if the low-cost model really works everywhere. You are too youn to remember, but Laker Airways was the first, and it didn't last long.
The Ryanair business model is going to be the trend for all businesses in the future. Everybody is hired on contract-based, you are paid by experience, not money.
Dan Ryanair as there own employees. Only new people might be outsourced, but later on will get a permanent Ryanair or Malta contract. As well, Dublin, London and most of Spain, all ground staff is Ryanair employees ( blue/ azul handling), just some info
How can the additional paid items be all profit ? When food costs them money so it’s not all profit when they sell snacks and drinks. You’re absolutely right I’m in Malta 🇲🇹 and there are more Ryanair flights in and out than Air Malta itself rarely makes an appearance here. Go figure.
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Small correction: It is possible to buy connecting flights with Ryanair. For example if you search for flights from Charleroi, you are given the option to fly to Athens, Brindisi, Catania and Larnaca with one connection. Although they only offer connections at Bergamo I think
Ok
I have a problem doing business with companies that do not have any phone numbers listed on their website. Square Space only has an online form for contact. If I ever have any problems I have to wait for someone to respond to my email. I know that zero phone contact is the way most businesses are going, but I guess I am old school. I feel like any problem I have can solved within a 5 min phone call.
Hiii I love you channel
@@CC-si3cr m
As a Bosnian, I can say that most people here fly very rarely, many never have, exactly because of how expensive flying usually is. Now with Ryanair and Wizzair it's possible to visit some beautiful European cities with a direct flight for a very small price. Many young people will buy a return ticket and do a low cost trip to places they couldn't afford to fly to without these low cost flights.
Makes sense of course. At 12, or 25 Euros...the whole flight is cheaper than buying a standard lunch meal in any French, German or Italian big city....!
So it’s a good thing for poor Bosnians, but an awful mess for the vast majority of Europeans unfortunately
@@TheLuis0087 I m French, which is not as such considered a ' poor ' country compared to other...Does not prevent in the office colleagues to check the likes Ryaniair or Easyjet for finding some low cost tickets to European cities.
@@TheLuis0087 what mess? i live in Liverpool and enjoy a flight from John Lennon airport at low cost to Nice, Krakow, Cologne, Belfast, Dublin, Norway, Malaga....what is the problem? i don.t want a fancy meal i just want to get to the place!
@@peterwhitaker4038 Yes. Same when you go ti buy cookies or simple butter, milk, toilet paper, vinegar or body lotion you like to go to Lidl or Aldi and find all these basic products 25% on average cheaper than branded products. Moreover, these no name products, with now packaging copying the leading brands, are often produced by the same medium size companies or factories that make the big brands....on different producing lines
What you also forgot to mention is that there are some cities/countries which actually pay Airlines to fly there in order to stimulate tourism - that’s how you get flights for 9€ from central Europe to Eilat
Indeed. Some polities love the idea of having their own airport within semi-rural areas/secondary urban areas. So you end up having a polity paying the airport used quasi-exclusively by Ryan Air, and subsidizing that airline to use the airport on top.
In France, the city of Montpellier did just that. It subsidized AMS, a Ryan Air subsidiary, fiscally based on the isle of Man for promotion of tourism.
Ryan Air is getting away with anybody but them paying for externalities. In video game terms, I'd say they're effectively farming public money.
That's just a shady form of bribery. That country is using its tax dollars to pay a huge chunk of the losses from "bargain basement" ticket sales to get the airline over there.
Where can I get those tickets. Sounds too good to be true. Especially when dealing with Israelis.
@@Ron.S. Right now Israel has still halted all tourism but I actually had a flight booked to eilat in March 2020 for 9€ with Wizzair, they will probably start again once the travel restrictions will be dropped
@@largol33t1 I wouldn't call it shady, the politicians see the benefit of having high numbers of tourists spending money in their constituency and workers willing to go there and have access to cheap flights so there's a net positive outcome.
Fun fact. Ryanair chose the Boeing 737 mainly due to them having built in boarding stairs at the front, so they don't need air stairs for that door, cutting that cost at each airport by 50%.
From a frequent Ryanair passenger. 😉👍
The main reason is that they can quantify every single drop of fuel since the moment they use the same plane.
It’s nothing to do with this. It’s as simple as it was a better price than Airbus.
@@Elnino2910because they were so cheap after 9/11. Ryanair didn’t care and put in an order for 100
The A320 also had this option, though it wasn't as popular due to the tall gear compared to the 737
Nonstop Dan: Why lost-cost airlines make the most money
Wendover Productions: Stay out of my territory!
Dan vs Wendover.. the ultimate YTer showdown in the skies
I dont see Sam as a territorial person imo
@Huang Jianhao you seem to agree with everyone
Both sponsored by Squarespace?
Ryanair, of course, cuts costs by having passengers pedal the whole flight to power the plane
Yes obvs
Save Cost
And make them pay for the fuel (food) and water they consume. Lol genius!
@@12kenbutsuri Once, they even had thought of charging to use the inflight toilet ..idea abandonned.
I've heard Ryan Air staff even do the airline cleaning i.e. picking up rubbish inside the aircraft, vacuum the floors, etc., thereby saving on maintenance.
I don’t know why this flopped, but Dan, this is probably one of your best videos. I work in revenue management at a major US carrier, and you explained it better than I could. Well done.
False self-employment is mostly a thing of the past as Ryanair was forced in many countries to directly emply their pilots and allow unionization. Thats why all french, italian and german bases are now operated by malta air. This way Ryanair keeps its irish carrier union free
What's this? Can you explain in more detail? This is very interesting. Or can you post the link/s to sources? How is Malta Air involved with unionisation in Ryanair?
At 1:39 of this video, you can see "Operated by Malta Air" written on the Ryanair aircraft
Meanwhile in Singapore unionisation is usually allowed, but unions (except AirLine Pilot Association Singapore) have to be members of the government-linked NTUC organisation (which was headed by the Minister of Labour), which has a social compact via the Nat'l Wages Council where workers have to show increased productivity to have pay raises. I heard this compact has been rejected by some people elsewhere e.g. protesters for higher minimum wages in the USA. One thing making this more acceptable here though is that the country is significantly reliant on foreign investment, who could always pack up & leave if we don't give them as favourable business terms & conditions. Also, many of our blue-collar jobs are done by foreigners, who're banned from unions (probably due to foreign political interference concerns)
I’m a pro business conservative and even I think making pilots “independent contractors” is going too far and downright unethical business practice
I Agree... That’s why some of the pilots who are actual employees went on strike about two years ago...Ryanair had to reschedule & cancel flights.Ryanair gave into their demands, but now charges for any carry on baggage.
You must not be an American conservative, because they jizz in their pants over these business practices.
@@Bash70 😂
I guess you just aren't conservative enough (wink wink)
Uber started it. There will be more ;)
You forgot 50 Euros for the use of steps 🤣
Lol
@@newyorkeranew Some people might have problems jumping from the pillow to the plane 8D
200 euro for oxygen
Ryanair has a high turnaround too. Last time I travelled with them I was waiting to be boarded while the arriving passengers were being offloaded.
25min
Went from weeze (ryanair's "bootleg" dusseldorf airport) to marrakech once and they simply fly to marrackech in the morning, arrive at 1 P.M. dump passengers out, next passengers in, and fly back. arriving back at 5 P.M. this means the staff has a full 9 hour work day with a 25 min break in between.
i have flown with ryan air atleast 12 times.. and this has never happened to me. The flights where I have been though are from Frankfurt to Athens and backwards, maybe that changes because there are a lot of flights every day. but if a remote airport has a hub for ryan air then I expect this problem tbh.
Me also. Don't forget anything that would need to return to the aircraft : it has already left for return !
@@gheorghepetrovan3946 and that's a good thing. Ryanair pilots really appreciate being home every day and enjoying a 5 on 4 off roster ad eternum
I love your channel so much and you're one of the only airline reviewers who are honest and I love every single one of you videos!!!!
I've flown them for 30 years at least on business nearly always and have had literally issues I can count on one hand. The flights are typically punctual, and I know what I'm getting when I buy the ticket. I always pay a bit more to choose the seat and priority boarding. The crew are always good enough, no worse, no better than other airlines, typically, they're friendly. You're not getting Emirates or Qatar business class service, of course you're not. But nobody can tell me the service from BA, Air France, KLM, SAS, Lufthansa etc etc in Economy class these days.
Not sure if you mentioned it, but their 737 has built in stairs, an option on all 737 but not many airlines spec that option. No need to spend money on and air bridge or even on a set of manual pull up stairs.
It’s nothing to do with the costs of airbridge but more the time it takes to put an airbridge on and off vs airstairs. Hence you’ll find at most airports Ryanair fly to that they use air bridges it’s a 35 min turnaround and not 25 mins
@@Elnino2910 Good info!
@@iain8837 you’ll generally find it’s usually only airbridge used in hotter climates to, this is because they have an air conditioning unit underneath it they plug into the aircraft!
They always use Airport based stairs for the rear doors on their 737s
Your knocking out some interesting videos of late Dan. I mean there all great, but I love these businesses model and recent demise of first class ones recently! Great work dude.
"Ryanair is based in Ireland", actually Ryanair was founded by an Irishman (Tony Ryan), its current CEO is Irish (Michael O'Leary - who also owns a large amount of stock) and the airline flies with the Irish flag on its aircraft. Ryanair is not only based in Ireland, it is an Irish airline.
Incidentally Aercap - the largest lessor of planes in the world is also an Irish company (Aer is the Irish word for Air) again HQ'd in Ireland. Ireland in general and Dublin in particular is the aviation capital of Europe.
Well said!
They should have a pint of Guinness emblazoned on all their aircraft.
Passports too!
Ryanair has a UK subsidiary (not based in the EU) called Ryanair UK.
@Andrew Robinson Coca-Cola have local subsidiaries in most countries they operate in too. Are you suggesting Coke is a UK company simply because it has a subsidiary or affiliate registered there? The next time you see a Ryanair plane in Stansted or any other airport in the UK for that matter, check out the flag on the end of the plane. 🇮🇪
@@Rumpelstyltskin who cares?
Keep posting Daniel, I am honestly enjoying your videos, and I never knew low cost airlines are profitable.
glad I found your channel. Travel has become the thing of nostalgia these days - it's interesting to hear your insights.
Excellent analysis. Love these financial insights into aviation industry. Do post more of these videos often!
5:26 In Singapore (home to the world-class/famous Changi Airport), even if you check in online, print your boarding pass at home & don't have any luggage to check in, the aviation security laws here still require you to Q at the airport's check-in counters (though you can use the self-service ones) to have your travel documents checked, except in Terminal 4 I think, which has the biometric Fast And Easy Travel (FAST) system
Sir these analysis videos are amazing and the editing is next level
Thank you so much
Hey Dan. Have airlines ever tried recruiting you to work in their offices? Your knowledge of the business is incredible
Loved this video! (I almost wrote 'loved this analysis').The way you clearly outlined the key pieces of Ryan air's business & operational strategy that enable Ryan air to build a business (however I might feel about that business) and make that business profitable, is superb. If you ever tire of making youtube videos (would prefer if you didn't - these are great), you'd make a wonderful equity research analyst.
I really enjoy your 'normal' travel videos, but this one, which I have only just seen, is absolutely fascinating - well researched and presented. Nice one.
In America Southwest does it differently. To start with, they operate only one aircraft type. They keep them well maintained and up to date. Their fares aren’t much lower than other airlines but bags fly free, there’s no extra charge for canceling or changing flights, the crews make it fun to fly, they have fast turnaround times, they have only coach seats and fill all of them on most flights. Seldom are arriving times late. In short, Southwest treats their customers right and that’s why passengers love and are very loyal to Southwest and why they always turn a profit.
Not even sure why they are compared to low budget airlines when they give you more than many regular budget airlines. Their seats are also nicely spaced.
God bless you.
I’ve never flown one of these low-cost airlines in Europe, so I figured I’d check it out next month. Business class to and from Europe, but EasyJet from London to Budapest? Why not? 😂 I own a travel agency, so I figure this is a huge hole in my personal experience - and since I’ve always flown the major airlines in Europe, I really want to be able to explain from experience what the difference is in Europe.
it's been a year now. Please do tell us your findings to help us
Ryanair was forced to hire a majority of there staff directly... so the statement of not having any pilot directly employed is not correct.
Also, they offer a limited number of connections. But its still mostly point to point.
On the labor side, another huge advantage of low cost carriers is their relatively recent inception. Unlike legacy carriers, LCCs do not have to worry about paying pensions and healthcare costs for a multitude of retired former employees
tell me ur from the US without telling me ur from the US
but yeah as s1 else pointed it out, airlines (or any other company for that matter) doesnt have to pay for ur pensions, and the amount they pay for ur universal healthcare is minimal, but its always there, not just for the elderly
@@andyrob3259 Meanwhile in my country, pensions are also self-funded i.e. as deductions from employees' salaries, so that creates an incentive for them to retire later too
Interesting insights on ULCC, Dan. As I've stated before, amazing how you went from filming basic takeoff and landing videos (with no narration) to this present format. You've come a long way!
FYI, Ryanair does actually employ the majority of its staff……your information is somewhat out of date.
Came to the comments just to make sure someone had said this.
And also pilot are no fly for mo money nowdays
I love your documentary style videos; I've learnt a lot from this one. Thank you for your efforts and research in putting it together.
That background music is relentless.
Also.... you must remember that Ryanair is NOT charging all the seats on the plane the same price.....So when you multiply the ticket price by the number of seats....that is NOT correct.....the fact that on your trip you only paid 9 euros... ...it doesn't meandri that all your fellow passengers did
Ryanair’s business model is simple, keep operating costs low = low fares for passengers, profit for the company, growth for the airline and employees. Everyone’s a winner. Ryanair have thought out every detail, for instance, the €55 check in fee isn’t to try catch people out, it’s to discourage people from checking in at the airport which in turn means they don’t need as many ground staff = saving costs. The HQ is is Dublin simply because it is an IRISH airline found there and still proud to fly the flag for Ireland. As for contractor employees, it’s very rare these days, hence the introduction of the group airlines like buzz, Malta etc, contractor employee has many benefits however.
You forgot the (Employed)VFR (Visiting Friends and relatives) traffic. For example, Wizzair competes (mainly in the beginning) against bus companies who operate routes from Eastern to Western Europe
Dan I love this series! I eagerly wait for videos! Keep them coming! 👍
Every legacy carrier: looks for doctor
Ryanair: looks for underpaid pilot.
FAlse, capitans in Ryanair are well paid, even better paid that some legacy carriers.
And co-piolots aren't paid as little as you can expect
Remember that pilots are not abundant, so suply and demand says wages are high
@@tachin2.07 Pilots are not abundant? Trust me, the market is flooded with unemployed pilots at the moment.
These companies are asking cadet pilots for a 30K fee TO START WORKING FOR THEM.
Even before the pandemic, the market for fresh pilots was not good. (Ryanair was asking 10k before the pandemic)
Now after the pandemic the market is flooded with desperate unemployed pilots willing to pay that fee just to start working. And the airlines are profiting of the pandemic to update the contracts, making them shittier
@@raulf.5100 "profiting"
YEah, marx has done a grat damage
Your videos are amazing at all I can't wait 500k subscribers
I love your videos. I Learn so much about planes and they way they work. Fave TH-camr by far
Nice analysis! The cerebral component of your content makes your travel videos a cut above your counterparts. Please keep it up!!
Nod get airline give you an option which service type to choose.
Another advantage for budget airlines, due to their low cost model, they can fly to small cities where the full service airliner will find not profitable.
Half of ryan air's 2021-22 sales will be people from their tiktok account 😂
This was very educational. Thank you for making this video.
Loved this video. Although a lot of the info was not completely new to me, you structured it well to explain in a clear way the question you asked.
Thank you for clarifying this for me. I have often wondered.
To people hating on Ryanair, you can pay for extra legroom seats, food, and checked bags for less than full service airlines like British Airways and Lufthansa.
They can make even more money... when they start charging to use the lavatory
Great video Dan! Your research is always very detailed and presented well. Super interesting!
Love the explanatory videos! Very informative💪🏻🤩
Very interesting. But you made no mention of jet fuel hedging. I used to work as a jet fuel trader for a major European oil company, and at that time, Ryanair were very proactive in hedging their jet fuel purchases when the market was low. Most airlines do this, but Ryanair seemed to be especially savvy in this respect. If done well, it makes for huge savings in fuel costs.
😂😂 "Why the hell not? Let's go to Banja Luka and check it out ." 😂😂
I love it!
Fascinating, Dan. Many thanks for a most informative vlog.
I thought here in the US Spirit and Frontier are about as rock bottom as an airline can get then I heard about Ryanair seriously considering charging passengers for use of the lavatories lol.
Such a good, informative channel
hang on a minute here Ryanair are based in Ireland because they are an Irish airline as for other airlines being based there its because Ireland is a centre for worldwide aviation. As for trans atlantic aviation Ireland is the only country in Europe with American pre clearance and it is also the centre of the world airline leasing industry because thee whole concept of aircraft leasing started in Ireland with GPA. Ireland is the second biggest purchaser of Boeing aircraft in the world after the US
loving this style of videos Dan!!! but please also don't forget your originals that we all love and know...
2 interesting Ryanair tidbits.
1) as flights so low cost, once when needed flexibility on departure over a few days it made economic sense to purchase 3 x €1 tickets (was early 2000's) rather than go a fully flexible ticket with Air Lingus
2) Ryanair used to be vicious with baggage rules, having the scales and measuring tape at the gate. There were even special Ryanair flying coats, that pertty much consisted of only pockets so you can carry half you clothes on you.
Anyway , wife once saw old chap falling foul of this and getting most stressed. At take off the gentleman wanted a drink of water and wanted to stand and exit plane. Of course nothing forth coming from Ryanair. Somewhere over Holland he had a heart attack. There were paramedics or people with medical experience on board and they tried to revive, and kept CPR going until the plane made diversion to German. Where in ambulance and paramedics arrived but unfortunately he passed away. Not long after this (and another well publicised similar incident) they relaxed the baggage rules - or should I say were not as strict as enforcing - because our customers now know.
After this, and before they got a little less strict, if wife ever saw someone else going thru same overweight baggage hell she would offer to carry the offending item for the person.
Anyway RIP to the poor gentleman who had a bag that was a few kg overweight.
Those labor practices are another difference between Ryan and SW. I don't know specifics, but it seems like SW treats their employees pretty well. At least as well as most legacy carriers.
I think you're correct -- I know a couple of Southwest pilots and they're pretty happy with their situation.
Unlike RYR, SW acknowledges unions! Well done to Southwest for all the improvements achieved in the last few years 👏
The airline still has to abide by european laws...and wages
Dan, I had limited knowledge of Ryan Air. Very interesting video. I enjoy your special segments. Thanks.
Well done Dan. I always enjoy your documentaries❤️👍✈️
Very Informative, thank you
Great Analysis!
This was one of the most interesting aviation related videos for me. Thank you very much!
Thank You - very interesting and informative!
This is a great companion piece to Fascinating Aida’s Cheap Flights song - look it up if you haven’t seen it
I’ve never been on Ryanair; however, I kinda of want to fly on it as every aviation video has something about it 🤣
The only time I flew Ryanair was a disaster. Never again!
Mind-blowing! Thanks Dan.
Very interesting! Learned a lot! Thank you for sharing!
Thanks for great information.God bless you and your family
Very informative video! My favorite aviation channel❤
If you seriously want to be delayed then fly Easy Jet. They literally cater to Leisure travel.
Thank you so much for sharing 👍🥰
Another point is that some countries even pay these low cost carriers for them to fly to their destinations and attract tourism
Southwest doesn't do meal services and seat reservations and hubs; they use secondary airports like Bellingham, WA. Remember 10 min turnaround in the 90s!
In the careers section of its website, Ryanair boasts it pays its Irish captains 22 per cent more than Norwegian pilots.
It says it pays Dublin-based pilots €156,150 which is about £140,000.
Meanwhile it gives its Stansted captains about £135,600.
A statement on the Ryanair website on July 24, 2018, stated Irish pilots "earn between €150,000 - €200,000".
Low cost airlines transformed empty and neglected Bosnian airports like Tuzla or Banja Luka... With that benefit the investment came into airport infrastructure as well (new terminals, cafes, stuff like that), local taxi companies suddenly started to make profit, private transfer companies between cities in the country started to make profitable business etc.... So there are many benefits, but the most obvious is it allows people to come back home for cheap money, visit families, some tourists who would never imagine coming to Bosnia decided to come... So, it's a good deal for many.
You see this across a lot of former Soviet nations. Because landing spots are a lot cheaper at these airports they can offer cheaper flights. It's a mixture of both good and bad. Good in that it provides tourism to many countries that previously didn't have much and also allows citizens to travel cheaper themselves. The downside is the type of tourists that comes. I have heard from friends of mine who live in Kyiv that most people are visiting just to get drunk on cheap beer and go home. Because Ryan air flights are so cheap in a lot of cases it's cheaper to have a weekend boozer in Ukraine than one night out in London.
I dont see the problem??
Another fantastic vlog.
Cheapest flight I bought with ryanair was for $16 amsterdam to dublin..
Was it the same price on the way back? Sometimes they charge a little more for the return flight.
Outrageous crew turnover due to poor conditions, refusing to acknowledge staff unions, no recognition for cabin crew seniority... being 13years or 2 years changes nothing on your payslip
Tbh having had flights with multiple companies Ryanair cabin crew is probably one of the less professional out there.
Thanks Dan super infromative infromation simply best.
The single plane type argument is less and less now. The 737 MAX requires separate traiing now (though simple). But you can still have a "fleet" of polots who are cross trained on all the types of 737s you fly. However, from a maintenance point of view, there are sighificent enough changes between classic, NG and now MAX (especially engines) that you start to lose efficiency since you start to need to maintain separate spare parts inventories for instance. That is on reason after the 737-MAX disaster, Southwest and Ryannair did not rule out going Airbus.
Note that Westjet in Canada started off woth Southwest model (quiite explicitely). But eventually got a "connected" reservation ststem, started to interline with large international carriers, bought Dash-8-400s to serve routes too small to serve with 737 and now decided to go international with 787s, launching business class product and basically becoming a legacy carrier. So I have to wonder if the low-cost model really works everywhere.
You are too youn to remember, but Laker Airways was the first, and it didn't last long.
Nice informative video!
Great insight Dan. Could you do one showing the comfort levels of seating please.
Once i had flight from UK to Spain for 3 ppl both ways for £9 in total @ Ryanair
those were days, eh, black horse ? :)
The Ryanair business model is going to be the trend for all businesses in the future. Everybody is hired on contract-based, you are paid by experience, not money.
Dan Ryanair as there own employees. Only new people might be outsourced, but later on will get a permanent Ryanair or Malta contract. As well, Dublin, London and most of Spain, all ground staff is Ryanair employees ( blue/ azul handling), just some info
Fantastic video lots of great information 👍
Excellent Video!
I may be the first person to comment on this video... Every topic you discuss is very interesting... Awesome video ❤️❤️❤️
Congratulations 🏆
How did you type all of this so quick
"Airfares so low they create demand where demand didn't exist". WOW! I learned something today. * Close quote anyway.
Excellent video, Dan!
Thanks to Ryan Air I was able to add and visit 20 European city while I lived in catania sicily for 2 years saves me money
Southwest isn't always cheaper... in fact, I haven't flown Southwest in a long time because I'm usually getting cheaper flights on other carriers.
How can the additional paid items be all profit ? When food costs them money so it’s not all profit when they sell snacks and drinks.
You’re absolutely right
I’m in Malta 🇲🇹 and there are more Ryanair flights in and out than Air Malta itself rarely makes an appearance here.
Go figure.
Love this channel
Wow such a well made video 🙏🏻
As someone from Croatia, i can say, yes...go to Banja Luka, and enjoy beautiful nature and some of best food in Europe.
Nice job, Nonstop Dan!
You would fit well in Ryan Air , with the amount of adverts on your video !
Everyone went and checked Ryanair tickets after this video