Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 541.60
Bid: 542.80
Ask: 543.40
Change: -5.20 (-0.95%)
Spread: 0.60 (0.111%)
Open: 550.00
High: 550.80
Low: 541.00
Prev. Close: 546.80
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

REFILE-Ryanair's CEO aims to eclipse Skyscanner, Booking.com with new website

Tue, 11th Aug 2015 13:14

(Refiled to correct spelling in first instance of 'referrals')

By Conor Humphries and Padraic Halpin

DUBLIN, Aug 11 (Reuters) - Ryanair aims to take onthe online travel companies with a new website that will offerits 100 million annual passengers flight price comparisons,cheap hotel rooms and location-sensitive restaurant discounts,its chief executive said.

The overhaul of the Ryanair.com site, being developed byabout 200 IT staff hired over the past 18 months, is in part adefensive strategy to avoid becoming dependent on third-partysites such as Skyscanner.com and Google Flights forticket sales.

Ryanair's plans contrast with that of Lufthansa,which is also seeking to direct more customers to its ownwebsite but by introducing a fee for bookings made using theglobal distribution systems (GDSs) such as Amadeus,Sabre andTravelport.

"We want to become the Amazon.com of travel inEurope, with a whole load of additional services: pricecomparison, cut-rate hotels, discounted football tickets,concert tickets," Michael O'Leary told Reuters.

"We want to be the disruptor that goes out and disrupts theoriginal disruptors," he added.

The basic function of the new Ryanair.com website will be afare comparison service that shows the cost of flights from bothRyanair and its rivals.

O'Leary last month contacted the heads of easyJet,Lufthansa, Air France-KLM and BritishAirways and Iberia owner IAG with an offer to sharereal-time fare data.

But easyJet and AirFrance have already rejected the offerand Ryanair is instead considering 'scraping' prices usinginternet tools to show them on the site without their rivals'permission, O'Leary said.

Ryanair sees providing price comparisons as essential if itis to avoid becoming dependent on third-party websites, likeSkyscanner, which O'Leary said failed in an attempt a few yearsago to levy a charge on Ryanair of 3 euros per booking.

Skyscanner makes money through advertising and by chargingairlines fees for booking referrals.

"We need to be careful ... we are very wary not to allowGoogle to become the avenue by which we sell 50, 60, 80 percentof our tickets," he said. Ryanair sells 95 percent of itstickets through its own website, but significant volumes arereferrals from price comparison sites.

Ryanair.com currently sells hotel rooms in a partnershipwith Priceline Group's Booking.com, but O'Leary saidthat Ryanair wants to become a direct distributor of unsoldhotel rooms by charging lower levys than rival sites such asBooking.com and Expedia Inc's Hotels.com.

"We thought ... Why don't we take away the hotel disruptors,the Booking.coms, who the hotels generally hate because theycharge them 40 percent of their revenue, and sell them for 10percent?"

It is intended that the website, which Ryanair says will belaunched this autumn, will also provide user-created reviews ofhotels, restaurants and cities in competition with sites likeTripadvisor, he said.

The site will also try to mimic Amazon.com by harvestingdetailed customer data to push targeted offers by email andsmartphone app in real time, including location-sensitive offersfrom shops and restaurants.

The app will also offer customers ancillary services such asfast-track boarding, allocated seating and extra bags, takingaccount of the customers past buying habits and any specificcircumstances such as delayed flights, heavy traffic or longqueues at security, he said. (Editing by Greg Mahlich)

More News
30 Apr 2024 10:06

Premier Inn owner Whitbread to cut 1,500 UK jobs as it closes some restaurants

Dividend hike of 26% to 62.9p

*

Read more
28 Apr 2024 12:55

Lufthansa, ITA to give up 11 slots in Milan to get EU go ahead for tie-up - newspaper

ROME, April 28 (Reuters) - Germany's Lufthansa and Italian rival ITA will offer to cede 11 pairs of slots a day at Milan's Linate airport in order to secure the EU's green light for their proposed tie-up, Italian newspaper Corriere della Sera reported on Sunday.

Read more
28 Apr 2024 10:34

Lufthansa, ITA to give up 11 slots in Milan to get EU go ahead for tie-up - newspaper

ROME, April 28 (Reuters) - Germany's Lufthansa and Italian rival ITA will offer to cede 11 pairs of slots a day at Milan's Linate airport in order to secure the EU's green light for their proposed tie-up, Italian newspaper Corriere della Sera reported on Sunday.

Read more
24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
23 Apr 2024 09:00

LONDON BROKER RATINGS: Jefferies raises Reckitt; Learning Tech is cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 17:08

London stocks gain on upbeat corporate earnings

FTSE 100 up 0.4%, FTSE 250 adds 0.6%

*

Read more
18 Apr 2024 16:52

LONDON MARKET CLOSE: Stocks recover some of recent Fed talk losses

(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

Read more
18 Apr 2024 09:05

TOP NEWS: easyJet hails revenue surge as summer demand sound

(Alliance News) - easyJet PLC on Thursday reported a "positive outlook" for the remainder of its financial year, as it trimmed "seasonal losses" in its first half.

Read more
18 Apr 2024 08:59

LONDON MARKET OPEN: Europe up as overlooks New York tech sell-off

(Alliance News) - Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.