Ryanair Load Factors - Incredible

cson

Waiting for a delayed flight in Pier D last Monday and had a walk around to see Ryanair flights to Launus, Memmingen and Newcastle with upwards of 150 pax waiting in the queue to board. My own flight to Faro had 161 pax as far as I could count.

Gotta say that is an incredible load factor of around 80% [B737 = 189 iirc] for Monday morning flights in November to pretty average destinations.

Zyox

Seconded. Really impressed by them in the winter at the moment.

And you're right - 189 peeps.

senordingdong

Well the best 'supplier' is shifting the most 'units'.

Run_to_da_hills

I wonder if O'Leary copies Dublin Bus and refers to his head count as skulls?

christy c

Run_to_da_hills wrote: »

I wonder if O'Leary copies Dublin Bus and refers to his head count as skulls?

"Self loading cargo" I heard someone describe them as.

The high loads are probably as a result of low fares(below cost). Ryanair made a loss in this period last year.

cson

What would be the approx direct cost of a single flight?

Taxes/Charges - €800 [Average figure I remember reading somewhere. I'll have a look for the source]

Aviation Fuel - €???? [No idea but it surely can't be much more than a couple of thousand if even?]

Staff - €230 [Apportioned for a 2hr flight based upon 4 x Cabin Crew on €26k each; 1 x Copilot on €52k and 1 x Captain on €83k]

Insurance - €???? [No idea what it would cost per flight]

I know other factors such as Credit Card Partners/Baggage handlers/Aircraft Maintenance/Training/IT Support/Customer Support/Revenue Taxes come into it as well but on a per flight basis I'm struggling to think of more direct costs than I've outlined.

On my Faro flight we paid €65 for that flight [€130 return] in total so I'm making a big guesstimation is saying that's an average cost counting the higher fares/baggage charges/food sold as cancelling out fares < €65 leaving €65 as the average which multiplied by the 161 pax I counted comes to €10,500 in Revenue for that flight.

Based on the above I'd imagine net profit on that flight in the region of 40%. Which is absolutely insane considering it's off peak season. :eek:

Run_to_da_hills

It costs e1500 in fuel to fly a Boeing 737 800 from Dublin to Gatwick.

cson

Run_to_da_hills wrote: »

It costs e1500 in fuel to fly a Boeing 737 800 from Dublin to Gatwick.

Wow, wouldn't have thought it that much. Can imagine DUB-FAO being in the region of 4k so as fuel costs go.

pclancy

senordingdong wrote: »

Well the best 'supplier' is shifting the most 'units'.

SLF or Self Loading Freight is a nicer term then units

AlekSmart

Recent Midweek departure to Berlin....Full
Return from Berlin 2 days later...... Full,even the first 4 rows filled !!!

Definitely a flawed business model I should think ?

basill

Add into the mix maintenance costs, ground handling services, de/anti icing, airways charges, landing fees and a notional repayment cost for the purchase of the aircraft and your direct costs will soon start to creep up.

cson

basill wrote: »

Add into the mix maintenance costs, ground handling services, de/anti icing, airways charges, landing fees and a notional repayment cost for the purchase of the aircraft and your direct costs will soon start to creep up.

They aren't direct costs though; they're indirect costs. And I've allowed for the direct costs you've stated bar de-icing.

I'd hazard a guess that the Ryanair breakeven point is somewhere around €40 mark for a 75% full flight.

Run_to_da_hills

cson wrote: »

Wow, wouldn't have thought it that much. Can imagine DUB-FAO being in the region of 4k so as fuel costs go.

Most fuel is wasted when taking off and landing, when cruising at 35,000 ft it is using the minimum amount. Also Ryanair dosen't have the problem of queuing up for landing as one would experience in Airports like LHR and GDG. Most of their routes are take off and direct landing at smaller regional airports.

donkey balls

cson wrote: »

What would be the approx direct cost of a single flight?

Taxes/Charges - €800 [Average figure I remember reading somewhere. I'll have a look for the source]

Aviation Fuel - €???? [No idea but it surely can't be much more than a couple of thousand if even?]

Staff - €230 [Apportioned for a 2hr flight based upon 4 x Cabin Crew on €26k each; 1 x Copilot on €52k and 1 x Captain on €83k]

Insurance - €???? [No idea what it would cost per flight]

I know other factors such as Credit Card Partners/Baggage handlers/Aircraft Maintenance/Training/IT Support/Customer Support/Revenue Taxes come into it as well but on a per flight basis I'm struggling to think of more direct costs than I've outlined.

On my Faro flight we paid €65 for that flight [€130 return] in total so I'm making a big guesstimation is saying that's an average cost counting the higher fares/baggage charges/food sold as cancelling out fares < €65 leaving €65 as the average which multiplied by the 161 pax I counted comes to €10,500 in Revenue for that flight.

Based on the above I'd imagine net profit on that flight in the region of 40%. Which is absolutely insane considering it's off peak season. :eek:

A FO just out of training (TR) gets about 60e per block scheduled hour a captain with no TRE/TRI rating gets 138e per block hour which is equal to 140k per annum.
Most airlines hedge on their fuel costs which can make or break them regarding profits.

mayotom

cson wrote: »

On my Faro flight we paid €65 for that flight [€130 return] in total so I'm making a big guesstimation is saying that's an average cost counting the higher fares/baggage charges/food sold as cancelling out fares < €65 leaving €65 as the average which multiplied by the 161 pax I counted comes to €10,500 in Revenue for that flight.

Based on the above I'd imagine net profit on that flight in the region of 40%. Which is absolutely insane considering it's off peak season. :eek:

I flew Faro to Dublin this morning for €8 all in, I talked to several passengers who also had the €8 fare, but many also added the €5 credit card fee

drdeadlift

cson wrote: »

What would be the approx direct cost of a single flight?

Taxes/Charges - €800 [Average figure I remember reading somewhere. I'll have a look for the source]

Aviation Fuel - €???? [No idea but it surely can't be much more than a couple of thousand if even?]

Staff - €230 [Apportioned for a 2hr flight based upon 4 x Cabin Crew on €26k each; 1 x Copilot on €52k and 1 x Captain on €83k]

Insurance - €???? [No idea what it would cost per flight]

I know other factors such as Credit Card Partners/Baggage handlers/Aircraft Maintenance/Training/IT Support/Customer Support/Revenue Taxes come into it as well but on a per flight basis I'm struggling to think of more direct costs than I've outlined.

On my Faro flight we paid €65 for that flight [€130 return] in total so I'm making a big guesstimation is saying that's an average cost counting the higher fares/baggage charges/food sold as cancelling out fares < €65 leaving €65 as the average which multiplied by the 161 pax I counted comes to €10,500 in Revenue for that flight.

Based on the above I'd imagine net profit on that flight in the region of 40%. Which is absolutely insane considering it's off peak season. :eek:

Tricky to know the total take on a flight,you can pay in excess of 200 sterling last min one way.So there are a few ppl on board paying for others.The cheap ads go viral but the cost is much more when you need to be somewhere.

Tenger

I think oil is currently about $90 per barrel.

Not sure how many barrels in a ton.

Whats the fuel burn for a B738 doing DUB-FAO? 12-15 tons?

I read somewhere that fuels costs are about 15% of total cost associated with shorthaul flying. I know Air Berlin staff costs are approx 15% of their costs so I am going to assume FR staff costs are less than that

bladeruner

you would be doing well to burn 12 tonnes from dub to the canaries, so it would be alot less then that

missmoo

Staff - €230 [Apportioned for a 2hr flight based upon 4 x Cabin Crew on €26k each; 1 x Copilot on €52k and 1 x Captain on €83k]



:eek:[/QUOTE]

would love to know where my 26K a year from them is, nowhere remotely near this

Jawgap

Way back in another lifetime, I did some analytical work on Ryanair - all their metrics are quite impressive, especially when compared to other carriers.

The figures are from 2005.

In that year Ryanair's load factors were 84% compared to 75% for BA - that's not bad. However it gets more interesting when you compare break even points.

In '05 BA's Break Even Passenger Load Factor was 64%, Ryanair's was 60% - but that year was a bad year for them. In the five years to 2005, their break even point was less than 60% and in three of those years it was less than 55%. 2003 was their best year - 85% load factors, 53% break even point (compared to 72% and 64% respectively for BA).

Ryanair's operating margins were estimated to be 25% compared to 7% for BA.

I doubt the figures have changed much since then. Both airline's PLF's may have reduced but I'd say Ryanair are still maintaining their operating margin.

Jawgap

Just checked for this year's figures:-

For the year to Sept 2010 Ryanair's PLF was 82%

In the first half of 2010 it looks like their operating margin was in and around 30%

cson

@Jawgap: Cheers for that, very interesting.

missmoo wrote: »

would love to know where my 26K a year from them is, nowhere remotely near this

What are you actually paid then?

A320-200

Tenger wrote: »

Whats the fuel burn for a B738 doing DUB-FAO? 12-15 tons?

TRIP 2:49 6931KG