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Entries categorized as ‘Economy & Business’

Wal-Mart With Wings

November 18, 2006 · Leave a Comment

Here’s a nice article from BusinessWeek about Ryanair and its devotion to cutting costs. One nice thing is that they’re planning on adding some kind of online gambling system imbedded in their planes. Prepare to play poker after the take-off?

(Excerpt)
Ryanair Holdings PLC (RYAAY) CEO Michael O’Leary makes no apologies for his penny-pinching. Want to check luggage? You’ll pay up to $9.50 per bag for the privilege. Free drinks and snacks? Forget about it. Even a bottle of water will set you back $3.40. It’s not just passengers who have to cough it up. Flight crew buy their own uniforms, and staff at Ryanair’s spartan Dublin Airport headquarters must supply their own pens. After a customer sued Ryanair for charging $34 for the use of a wheelchair, the company added a 63 cents “wheelchair levy” to every ticket. Says O’Leary: “You want luxury? Go somewhere else.”
Nice and comfy?

Categories: Economy & Business