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Medial • 7m
This airline sold tickets for just 10 euro and charged for almost everything else. But instead of failing, it became Europe’s most profitable airline. Here’s how Ryanair turned extreme cost-cutting into a billion-euro success story: Ryanair changed air travel with a simple idea: cut all non-essentials. They fly to cheaper secondary airports, use only Boeing 737s to reduce costs, and skip free meals. This allows them to offer fares as low as €10, making flying affordable for millions. Their strategy is smart: low fares attract customers, while extra fees for luggage, seat selection, and snacks drive profits. In 2022, these fees made up over 30% of their revenue. Ryanair also saves money by reducing ground time, avoiding travel agents, and simplifying operations. By focusing on efficiency and understanding consumer behavior, Ryanair created a highly profitable model. Ryanair is proving that simplicity and bold decisions can transform an industry.
Founder-Hexpertify.c... • 1y
“Plane Ticket in cost of a Train Ticket” Disruption Dairies #3 Deccan Airlines was founded by Captain G.R. Gopinath in 2003 as India’s first low cost Airline with a plan of offering plane ticket in a train ticket cost. To keep the operating costs
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"The Hero Who saved a Airline Twice" Bankruptcy to Billions #6 Ajay Singh returns to save SpiceJet Ajay Singh Bought ModiLuft(bankrupt Airline) and renamed as Spicejet with three leased aircraft, and Rs 10 crore of investment.SpiceJet took off on 2
See MoreI'm just a normal gu... • 2m
India is poised to expand its aviation landscape in 2025 with the launch of three new airlines: Shankh Air, Air Kerala, and Alhind Air. These newcomers aim to enhance regional connectivity, offer more travel options, and cater to the growing demand f
See MoreHey I am on Medial • 1y
An airline has a 100 seater aircraft. It fills fuel for $10,000. The per seat fuel cost works out to $100. In addition, the airline spends another $10 on providing food and a beverage to each flyer. So the total cost per seat is $110. They decide to
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