Ryanair Holdings PLC

Description

Founded in 1985, Ryanair Holdings Plc is an Ireland-based airline group and is a parent company for Ryanair Limited, Buzz, Lauda and Malta Air.  Largest in Europe, the company operates low fare, scheduled passenger airline serving short-haul, point-to-point routes mainly within Europe. The company connects over 225 destinations in 37 countries on a fleet of 450 aircrafts, with a further 210 Boeing 737s on order, which will allow the company to lower fares and grow traffic to 200 million per annum from 149 million guests per annum over the next five years. The company has a team of more than 16,000 highly skilled aviation professionals delivering Europe’s No. 1 on-time performance. The company offers more than 2,100 short-haul flights every day and serving more than 210 airports across Europe and North Africa. The company has been listed on the London stock Exchange, Euronext stock exchange and Nasdaq stock exchange.

The company operates a fleet of more than 450 Boeing 737-800 with passenger capacity of 189 and 29 Airbus A320-200 aircraft with passenger capacity of 180 and operated by Lauda. They are powered by a mix of CFM 56-5B and Pratt & Whitney V2500 engines. The company aims to become the Europe’s largest scheduled passenger airline group by offering low fares services to increase passenger traffic with continues improvement and expansion and focusing on cost-containment and operating efficiencies. 

The company provides various ancillary services and engages in other activities connected with its core air passenger service such as Internet-related services, non-flight scheduled services and the in-flight sale of food, beverages, and merchandise. Through its website and mobile app, the company also offers markets accommodation services, car hire services and travel insurance. It offers its car hire services through a contract with RentalCars. The company offers its own aircraft and passenger handling and ticketing services at Dublin Airport. In 2016, the company launched Ryanair Rooms for its hotel and accommodation services to market homestays, villas, hotels, hostels and B&Bs. The company receives commission on the sale. The company markets car parking, attractions and activities and offers gift vouchers which are redeemable online.