Assessing Strategic Analysis About Ryanair Airways

Assessing Strategic Analysis About Ryanair Airways The Ryanair is started by the Ryan family in 1985, with share capital of one pound and only with 25 colleagues , they started daily basis flights from Waterford in the Ireland to London Gatwick, with 5000 passengers on the route . The company grow further with high competitors British Airways and air Lingus . It is operating in a highly competitive sectors . but after 3 years of fast industrial growth , company increasingly got the numbers of passengers. with the price and routes competition they face  £20mn losses and it leads thinking about restructuring , Ryanair was take models from southwest airlines low cost leadership model .Under the new management team with new CEO Michael O’Leary rethink and Launch a New LOW COST , NO FRILLS Strategy . In 1997 the EU Air transport authority allows the Ryanair to first time to operate 18 new routes in European Continental area. They took many corrective action against cost reduction Eg no free drinks ,foods, and other facilities. R yanair got good response from all European passengers who likes frequent , quick and Low cost Travel . Ryanair overtakes BA and Air Lingus in the Dublin – London routes . Ryanair achieves their objective in a short period , they won many awards and positions in airlines industry, Ryanair got good name for punctuality. consistently the organisation expands operations , therefore in become very famous airline in the world ., and currently Ryanair operating 24 countries 436 low fare routs carried nearby 60mn people . Ryanair’s Strategy : â€Å"Ryanair’s objective is to firmly establish itself as Europe’s leading low-fares scheduled passenger airline through continued improvements and expanded offerings of its low-fares service†(Ryanair.com)The Ryanair key strategies. Industry Leading passenger service High frequency on short- haul routes. Significantly providing a service with very Low fares . – low operating costs, addressing aircraft and equi pment, personnel productivity, customer service costs and airport access fees Use the internet effectively Commitment to the safety and quality maintenance . Expand the operation results via Ancillary services. Ryanair offering a highly differentiated product with very lower fare, which increasing their competitive advantage to maintain competitive position on over its competitor. The firm makes to claim to their market area by marking Europe’s first no frills airline service.(Ryanair.com). Sustainable competitive advantage : Cost reduction Strategy: The Ryanair has following cost reduction strategy for achieving its goal for retaining their competitive position in airlines industries . there is five main functional factors like Airport charges , contracting out services , fleet commonality , managed staff costs and marketing cost .these are the areas they are giving great focus to improve low cost operation . According to fleet commonality the airways using particular type o f aircraft which controls the cost and limits the cost for employee training and development , maintenance cost and managing spares , giving more flexibility to scheduling the duty crew and aircraft. The Ryanair using Boeing 737 series to operate more numbers of passengers, and it allows 25% of increased their passengers with guaranteed 15 years of operating life .the old fleet took more maintenance coat and less fuel efficient , according to EU noise reduction requirements, the Ryanair fleets are required to install hushkits to avoid noises , it take more cost for installation almost $20mn , the increased weight might leads by negative figure of fuel efficiency .

Jewish art history Assignment Example | Topics and Well Written Essays - 500 words

Jewish art history - Assignment Example c tradition of providing lavish and elaborate cloths as dowry, wherein the cloths were originally used in the home for ceremonial reasons but eventually became incorporated into synagogue use due to the motifs and designs used in association with rituals and ceremonies practiced under Jewish customs and traditions (â€Å"Art and Ceremony† 197). Lastly, another example of adapting the surrounding culture and assimilating it into Jewish culture is the use of a printing press in publishing the Haggadah, along with the incorporation of related or unrelated illustrations beside the texts, resembling non-Jewish medieval scriptures and texts (â€Å"Jewish Texts† 109;Yerushalmi 18).Possible reasons for the gradual incorporation of iconography can come from the need to appease the empires or the majority of the population, as well as the acceptance of later generations to its use in religious contexts. In essence, based on the level of tolerance and the sophistication of the maj ority of the population surrounding Jewish societies, the gradual introduction of iconography through various aspects within the Jewish culture steadily grew as the result of an incorporation of non-Jewish customs or traditions that strongly-support the use or incorporation of images or stylized texts into religious settings, along with the changing ideals of the succeeding Jewish generations. Despite seeming very different and cut-off from one another, the relationship between Jews and Christians is actually strong. Apart from the incorporation of Jewish ancient texts into the holy books of Christians, with regards to the contributions of Christians into Jewish traditions and cultures, this relationship is better expressed seen through influences in the visual cultures of each one. For example, around the Renaissance era there have been many changes observed with the synagogues built during those times, wherein the buildings became larger and more elaborate, which can be compared to Christian

Finance crisis Essay Example | Topics and Well Written Essays - 2000 words - 1

Finance crisis - Essay Example ing to Keynes (1936) the smooth flowing world economy was destabilized during the late 2000s and such a scenario was seen in Iceland for the very first time and even in the world. Krugman (2008) explains economic crisis is one the retarding factors that have pulled down the steep growth of the world economy including the subsequent growth of the smaller economies which have gained a new impetus in the growth of their economies. Kothari (2010) defines economic crisis as a collection of varied circumstances that results in the huge loss of the nominal value of their financial assets. He further explains that an organisation or a company has a number of stakeholders who are directly or indirectly related to the organisation or company through a financial relation. An economic crisis turns a company into a dried well of financial resources and a result the stakeholders of the company even suffers through immense lack of financial resources. According to the observations of Kothari (2010) the economic crisis faced by the entire world has turned a disturbingly huge number of people jobless and thus penniless. People all over the world lost their jobs while others bargained for the job in exchange of one of the most meager sum of money. As more and more people turned jobless the chaos and panic regarding being jobless seemed to engulf them over a long time. He further elucidated the different kinds of economic crisis. Firstly it is the banking crisis where the depositors of the respective banks immediately ask for returning their deposited money. The bank faces a crisis over the availability of the funds within a stipulated time period. The second form of economic crises is the stock market crash which clearly suggests that it refers to the drastic decrease of stock prices over the larger section of the stock market that hugely depreciates the amount or value of the stocks resulting in excessive loss for the investors. The third form of economic crisis comes in the form