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Ryanair DAC

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Ryanair DAC - ICT showcase

Year Founded & Workforce

1996

Industry

ICT

Services

Online Travel
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Ryanair DAC Overview

Company Headquarters: Ireland

Founded: 1996

Workforce: ~

Company Working: Ryanair DAC operates an ultra-low cost, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the UK, Continental Europe, and Morocco. The company provides low-fare airline-related services, scheduled services, ancillary services, car hire services, and other related services to third parties and across a European route network. Ryanair DAC provides its own aircraft and passenger handling and ticketing services at the Dublin Airport.

Strategy

Ryanair DAC aims at establishing itself as Europe’s biggest scheduled passenger airline, through continuous improvements and expanded offerings of its low-fares service. The company emphasizes offering its services at an affordable range, thus generating increased passenger traffic while maintaining a continuous focus on cost-containment and operating efficiencies. Its strategy is to deliver the best customer service performance in its peer group and focus on the execution of its services by primarily operating from uncongested airports. The company is continuously implementing new strategic initiatives to improve its customer service offering.

Company Snapshot

$6.07M

Revenue

1996

Founded

Ireland

Headquarters

SWOT Analysis

Strengths

  • Distinctive business model leads to low operational cost
  • Industry position enhances brand image

Weaknesses

  • Seasonal earnings

Opportunities

  • Growing global tourism industry Network and fleet expansion

Threats

  • Fluctuations in fuel price
  • Intense competition

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Product Offering

  • Ryanair DAC
    • Online Travel

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Revenue rose from USD 6.1 Bn in 2015 to USD 8.8 Bn in 2018.
Ryanair DAC — By Business Segment
Series (USD Bn)2015201620172018
Global Revenue6.17.47.18.8

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