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On the pre COVID prak price.
You have to marvel at how much value has been destroyed.
Fatprofits why don't you sell these and buy Ryan?
Ryanairs made a poor choice by selecting Boeing and that's not all they chose Prat & Whitney engins which have design faults.
I hold Ryanair, as I've mentioned many times
over years.
EZJ is a small hedge in case there are further problems with the 737 Max.
Keep emotions out of investing.
O'Leary is not my cup of tea, he's abrassive and often crass,
but he knows how to run an airline.
Brought 300 shares in Ezj @ 4.73 not selling till i see some fatprofits 🤣🤣 teach me to trade when on the Vodka
Gla
I think that ryanair could be run much better by someone else. O'Leary is a liability and they have done well despite that. People have tolerated him and travel on air-pikey only when they absolutely have no choice which is often.
I think that choice is coming. The DIY holiday markets days are numbered. The flexible package holiday revolution is gaining volume. It's cheaper and more flexible than DIY including transfers and luggage. easyJet first an airline with a dense schedule are uniquely placed to deliver.
Hoteliers love it as arrivals are staggered With multiple flights every day they use it to backfill gaps.
I really like the business model. It's not the only holiday company that I deal with but I have many more easyjet guests than Jet2.
It's important to understand the dynamic. Last year 4% of easyjet seats were easyJet holidays seats. Jet2 it's 70%. easyJet holidays has huge growth potential
@Xhita
Can I ask which destination/island you are based in? There seems to be a huge price gap between Tui AI and jet2/ezj and am trying to figure this out. Thanks.
Costa del Sol 4 hotels and Malta 3. Flights into Málaga and MIA.
I travel between the two every week and have to fly ryanair to Sevilla or it's a stopover. This is an example of how ryanair pick up business despite being terrible. The Malta Sevilla flight is never full.
EasyJet holidays are super competitive because the hotelier gives a great deal because of the flexibility and variety of the arrival/departure dates and times.
easyJet allocate the seats with the capacity so early in the algorithm for pricing.
Xhita, are you in the leisure sector? Do you work for EZJ? You seem to have a good grasp of their business model?
Great explanation re allocation, thanks. Never been to Malta but people rave about it - on my list!
I am wondering why rya fly from Sevilla to Malta if the flights are never full….but if it works for you that’s great :)
Malta is very limited 90% of flights are North from Malta.
Ryanair compete with Vueling to Barcelona but have Sevilla to themselves. easyJet is basically UK and Germany from Malta as these are the holiday routes and the easyJet holidays sales locations.
I work for a hotel chain as a business development manager. I monitor the air pricing historically and we use that to set prices.
I work in travel in the UK. Xhita makes some great points. It is also worth remembering EasyJet airline can in effect give Easyjet holidays discounted seat rates, they package this up with the fantastic hotel rates and transfers and still get a much higher margin than if they sell a flight only. Plus they are super competitive hense OTB said the value market is poor, It's not poor Easy Jet holidays are eating their lunch.
The only downside to this model, which is short term, EZJ has to wait a bit longer for the money from the customer, generally 4 weeks prior to travel rather than payment on booking.
Thanks Xhita and also Newboy, good to have your views.