Interview with Ryanair CEO Michael O'Leary

[dcollon]

I have always enjoyed reading comments from Michael O'Leary (CEO of Ryanair) and I thought some of you might find his comments in this article as entertaining as I did.  He seems to think about costs...a lot.

 

http://tinyurl.com/yctd2cd

 

I hope all you enjoy the remaining few days of 2009. 

[Mikenhe]

Ryanair is an interesting story and company with a truly unique individual leading it.

 

The flights are on time and cheap. However they don’t use the main airports so you end up 30 miles from the destination you want to be at and if you check bags and Ryanair lose them the chances of seeing it again is remote.

 

They are a good investment as they don’t get saddled with the traditional problematic union legacy that most other airlines face.

 

If you want to travel with them they are great – take a bag and just get on with it and don’t ever labor under the illusion that you as a customer mean anything to them. They are cheap enough that repeat business from customers is irrelevant.

 

[tombgrt]

(beware : major topicbump)

 

 

If you want to travel with them they are great – take a bag and just get on with it and don’t ever labor under the illusion that you as a customer mean anything to them.

 

 

Exactly what I plan to do with a couple of friends (we are all students) this summer. :)

 

 

Has anyone looked at this company as an investment in depth? Ive seen it shown up on many lists of value investors and I have heard that most people are very satisfied with their service. Could they have a strong competitive advantage in their (innovative approach to) cost reduction?