Ryanair: The model evolves

摘要

RELUTANT unionisation, high profile strikes, a steady drip of adverse news items: is the Ryanair model under terminal threat? Certainly not, is the answer from this review of the fundamentals of the airline’s financial and opera- tional performance. However, in this financial year (to March 2019) the company will probably see a drop in profitability from the 20%-plus norm, and it may prove very difficult be recover such margins.