Ryanair Company Presentation
EU cost leadership widens
Cost savings:
Staff/efficiency
Airport & Hand.
Route Charges
Own'ship & maint.
S & M other
Total
Fuel / CO2 savings
FY20 per pax
(ex fuel)
RYANAIR
€7
€8
€5
€7
€4
€31
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Pay deals agreed & extended
Pay cuts of 5% to 20% (restored over 3/5 years) - built in flexibility
Growth deals as B-8200s drive vol. discs. (WIP)
STN, BGY, CRL, MAN, EMA low-cost base deals extended to 2028-30
Airports offset comp. traffic cuts - 15 new bases - 720 new routes
EU Govts offering recovery incentives - IRE/ SP / MOR
Based on ATC cost recovery (increases into FY23)
210 x B-8200 "Gamechanger" (+4% seats, -16% fuel, -40% noise)
Better lease & maint. terms (less outsourced maint.)
BBB (stable) rating = cheaper finance (€1.2bn bond @ 0.875% record low coup.)
Labs lowers marketing spend & drives back office efficiencies
EU261 costs steeply down (OTP 89%)
B-8200 16% lower fuel burn - Jet well hedged
MORE CHOICE. LOW FARES. GREAT CARE.
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