Ryanair Holdings (#RYA) - delivers 25% quarterly jump in profit, traffic up 16%
- 2015-07-26 23:22:17
Is it a man? Is it bird? Is it Michael O’Leary? Is it the Ryanair (RYA) share price?
So, with the 152 % increase in Q1 profitability and – more fundamentally important the reported 4% in passenger numbers – is the curse of O’Leary be lifted for Ryanair; transformed into something more endearing and cuddly than the hard bitten reputation of past times? The thing that makes equity investing the dynamic thing it is – for good or ill – is the fact that companies are managed by people and people can adapt to change and challenge, as Mr. O’ Leary is clearly attempting to do now. The fact that 4% more passengers have elected to go Ryanair suggests that he has won through; or at least is not still on the back foot in terms of public appreciation of Ryanair Holdings (RYA).
I have just booked my flight to Athens next week. RyanAir (RYA) was the cheapest flight but once you add in the charge for taking one full suitcase the gap between it and British Airways narrowed. And do I really want to trek out to Stansted rather than go to Heathrow on the tube which is much cheaper for me? The cost gap narrows again. And then O’Leary’s website tried to nickel and dime me on insurance and I just gave up and went with BA.
Do not folks who have a few enemies learn their lessons from doing live twitter Q&A’s? it seems not. At 4 PM today Michael O’Leary from RyanAir (RYA) will be on line tweeting questions sent to #AskRyanair ? Oh dear. It already looks grim for the odious O’Leary.







