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Saturday, October 29, 2011

Ryanair boss plans to double the size of the airline

Ryanair boss Michael O’Leary has revealed expansion plans that would make the company one of the biggest airlines in the world, introducing routes to Scandinavia, Poland, Hungary and the Czech Republic.
The budget airline chief executive has unveiled ambitious expansion plans that could see the amount of passengers double and stretch its reach across Europe.
Mr O’Leary announced in an interview with the Financial Times that he wants to increase passenger numbers from 72 million to between 120 – 130 million within the next decade.
The airline is currently in talks with US, Chinese and Russian plane manufacturers over plans to buy over 200 new aircrafts.
He wants the delivery of the new aircrafts to happen between 2015 and 2021, insisting they would only be purchased at ‘cheap prices’.
Between 2010 and 2011 the Dublin-based airline carried 72.1 million passengers, these plans could see their fleet of around 270 aircrafts double.
These new plans would allow the airline to use 50 of the new planes to fly passengers to and from Scandinavian destinations. Another 100 aircrafts would fly to new routes in the Baltic Sates, Poland, Hungary and the Czech Republic.
Mr O’Leary added that the difficult economic conditions will allow the company to increase its share in the short-haul market as the demand for low-cost travel increases.
The outspoken Irish man’s cost cutting suggestions have been at the centre of controversy, where incidents have included: charging to use the toilets on planes, removing a toilet, space for standing passengers and scrapping the co-pilot role.
Their most recent announcement was that passengers will soon have to pay for flights using their pre-paid payment method if they want to escape card charges.
From November, the only way customers will be able to avoid extra fees will be by using the ‘Ryanair Cash Passport’, costs could mount up to £48 for a family of four buying return flights.
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