Ryanair's asset
Ryanair

@ryanair.com

Ryanair is Europe’s only ultra-low cost carrier (ULCC), operating more than 1,500 daily flights (over 500,000 per year) from 57 bases.

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About

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Ryanair is an Irish low-cost airline that was founded in 1984 by Tony Ryan. It is headquartered in Swords, County Dublin, Ireland. The airline started with a single aircraft and has since grown to become one of the largest airlines in Europe. Ryanair primarily offers scheduled passenger services on short-haul flights within Europe, connecting various destinations. The airline operates a fleet of modern aircraft, mainly the Boeing 737-800, ensuring safety and efficiency. Besides flight services, Ryanair also provides customers with various ancillary services such as car hire, travel insurance, and hotel accommodation. On a global scale, Ryanair operates in over 40 countries, connecting over 225 destinations. The airline has established itself as one of the dominant players in the European aviation industry. Ryanair has also successfully formed partnerships and alliances with other airlines, further expanding its reach and network. Notably, Ryanair has a strategic partnership with Air Europa, allowing customers to book long-haul flights alongside their Ryanair bookings. In terms of market position, Ryanair is known for its low-cost business model, offering affordable air travel options to millions of customers. The airline has consistently achieved strong annual sales figures, with over 150 million passengers flown in 2019 alone. Ryanair competes with other low-cost carriers such as EasyJet, Wizz Air, and Norwegian Air Shuttle. Throughout its history, Ryanair has experienced several significant events and milestones. In 1991, the airline transformed its operations by adopting the low-cost model, focusing on no-frills flights and cutting costs wherever possible. This strategic change paved the way for the airline's rapid growth and expansion over the following years. In recent years, Ryanair has focused on customer service improvements, including enhanced baggage policies and online check-in systems. As of the latest available information, Ryanair remains a key player in the European aviation industry. The airline has continued to innovate its offerings and expand its network, striving to maintain its market-leading position by delivering affordable and reliable travel services to its customers.

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Company Type

Public Company

Company Size

10,001+

Year Founded

1985

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