Does Ryanair plan holiday packages? – Michael O’Leary would review the strategic direction
Although Ryanair has so far focused exclusively on short-haul air travel, management has now become more open to introducing holiday packages – flights, transfers and accommodation – but only if the airline achieves significant growth.
Ryanair chief executive Michael O’Leary is reviewing his previous strategy that the airline would not enter the package holiday market. The new approach will be determined by Ryanair’s future plans. For the first time, the company wants to expand its aircraft fleet with the 350 Boeing planes ordered previously, but not yet delivered, which would enable dynamic traffic growth. According to O’Leary, the introduction of the packages would only be on the agenda if it would not overburden the company and reduce the yield.
British rivals easyJet and Jet2 are already successfully profiting from package holidays, particularly in popular holiday destinations such as the Canary Islands or Greece. For now, however, Ryanair is waiting to maintain its focus on aviation and avoid the potential complications that would come with the introduction of a new business.
Related news
Budapest and Eger lead the list of Christmas destinations among domestic travelers
According to pre-booking data from Szallas.hu, Budapest and Eger remain…
Read more >European discount airlines on the rise
Europe’s leading low-cost airlines, Ryanair and Wizz Air, continued to…
Read more >A turbulent year for aviation: airlines worldwide declared insolvency
The difficulties of this year have posed a serious challenge…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >