Ryanair May 2021
EU cost leadership extended & enhanced
Staff/efficiency
Airport & Hand.
Route Charges
Own'ship & maint.
S & M other
Total
Fuel savings FY22
FY20 per pax
(ex fuel)
RYANAIR
€7
€8
€5
€7
€4
€31
●
●
Cost savings initiatives:
Pay deals agreed
Pay cuts of 5% to 20% (restored over 3/5 years) - built in flexibility
Growth deals as B-8200s delivs. drive vol. discs. (WIP)
STN, BGY, CRL low-cost growth deals extended to 2028-30
Airports offset comp. traffic cuts/closures
Based on ATC cost recovery
210 x B-8200 "gamechanger" aircraft (+4% seats, -16% fuel, -40% noise)
Sell older aircraft / return maturing leases
Better lease & maint. terms (less outsourced maint.)
BBB rating = cheaper finance
Labs lowers marketing spend
EU261 costs steeply down (OTP 96%)
Lower fuel / B-8200 16% lower fuel burn
MORE CHOICE. LOW FARES. GREAT CARE.
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