Working for Ryanair?

unseen

Hi all,

At the moment i am working in a small Irish IT company as 2nd level support/project manager and i am quite happy but i feel the pressure of bad economics... They layed off ~50% of the people last month. I am there 3 months.

One the other hand I also know ryanair is on bad finance situation too. There is a possibility to work in their IT department as support engineer and participate in some projects.

Salary is around the same in both. What will you choose and why?


Thanks!

runswithascript

unseen wrote: »

Hi all,

At the moment i am working in a small Irish IT company as 2nd level support/project manager and i am quite happy but i feel the pressure of bad economics... They layed off ~50% of the people last month. I am there 3 months.

One the other hand I also know ryanair is on bad finance situation too. There is a possibility to work in their IT department as support engineer and participate in some projects.

Salary is around the same in both. What will you choose and why?


Thanks!

Didn't Ryanair announce huge losses or projected losses on oil recently? That is they didn't agree on a fixed price to last over a period and now are stuck paying the new high prices unlike many other airlines. That said they made a killing ordering loads of planes post 9/11.

Just something to take into consideration when planning the future.

unseen

bump?

Hitchhiker's Guide to...

ryanair have huge cash reserves and are probably one of the safest airlines to work for i.e. the least chance of going bankrupt. Think there cash reserve is circa $3.5 billion dollars (for precise details check out their annual report). don't be worried about that aspect. they are definitely not in a bad financial situation. also their projected losses were based on oil prices remaining high, and they have now fallen ($30 from peak).

i gather that people who work for ryanair work very very hard, but are well paid and really enjoy working there. there is apparently a great team atmosphere.

Mini

Roundtower2 wrote: »

i gather that people who work for ryanair work very very hard, but are well paid and really enjoy working there. there is apparently a great team atmosphere.

I second that . ... know people who work for ryan air and love it. Also, have on very good authority they are still hiring and in all fairness if a company is still hiring do you really think they are in trouble times.


doubt that ! go for it !

cronos

Mini wrote: »

I second that . ... know people who work for ryan air and love it. Also, have on very good authority they are still hiring and in all fairness if a company is still hiring do you really think they are in trouble times.


doubt that ! go for it !

They are in trouble but so is every other airline so its really a case of who comes out of this bad time for airlines the best. So other companies are charging more for fairs now by adding fule surcharges whereas ryanair using its famous business model is charging less for tickets.

I am not sold on the business model in this case, but time will tell.

Arion

Airlines typically encounter problematic times like this twice a decade, so with 7 years or so, having passed since 9/11, we were due another disaster. Ryanair has been through this before, and know how to work it to their advantage, and emerge stronger than ever.

Ryanair took advantage of 9/11 by buying a lot of planes at very low cost, so I'd be very surprised if they dont turn this economic downturn to their advantage.

unseen

Update:

After many interviews they offered me a good position and i accepted.
Lets see how it will go from next month!

Thanks all for the answers.