View Single Post
  #167   Report Post  
Old October 15th 09, 08:00 AM posted to uk.railway,uk.transport.london
Recliner[_2_] Recliner[_2_] is offline
external usenet poster
 
First recorded activity at LondonBanter: Dec 2008
Posts: 2,008
Default Wafted from paradise to Luton Airport

wrote in message

Recliner wrote:
"Roland Perry" wrote in message

In message , at 21:19:24
on Mon, 12 Oct 2009, Paul Corfield remarked:


I don't feel I have lost out by not travelling by Ryanair. I would
hope Mr O'Leary's planes are pretty new given the huge rate of
expansion that he has managed with his airline
I'm sure it's part of his business plan to buy new planes to give
easy and consistent maintenance and operations. As opposed to
BMIbaby who have a rag-bag collection of surprisingly old planes.


Yes, Ryanair buys huge batches of identical planes from Boeing (but
always with the threat of defecting to Airbus, as easyJet did), for
knock-down prices. O'Leary proudly shows off about ordering them
during recessions, when he can get the best deal. They are then kept
for a relatively short time, before being sold on, with little or no
depreciation (as Ryanair buys them for less than the second-hand
price).

IIRC , the Panorama report stated that he was practically ready to do
a deal with Airbus, then backed out at the last minute. I think that
one of the Airbus executives also said that Ryanair were trying to
secure planes at unacceptably low prices.


No, just hard bargaining. Ryanair is a willing buyer, and both Airbus
and Boeing are willing sellers. The price that is struck is presumably
acceptable to both, or no deal would be done. It's in Airbus's interest
to lose the deal to Boeing if the competition results in Boeing getting
a lower price than it might otherwise have done.