Did anybody else on this forum wonder why Ryanair grew that fast during the last few years? I can still remember, about 10 years ago they had a weekly charter flight STR-SNN, every Saturday afternoon with BAC-1-11(!).
Photo © Torsten Maiwald
Must have been a really crappy cheap airline. Last summer I flew HHN-PIK, 732, but on my trip I saw many brand-new 738s. And some weeks ago, I read that Ryanair was looking for 50(!!) second-hand 737classic.
It's really impressing to see an airline grow that quickly. But how long is it going to last? I know they are financially save. But remember, when Debonair started low-cost flights within Europe, everybody said they are financially save, too. They kept on growing, they even operated aircraft for SR and LH... and one day they went bankrupt. Don't you think the same might happen to Ryanair, if they keep on growing that quickly??
ps: This is not meant to be a discussion low-cost vs. established airlines. And I know that Ryanair offers a good product for a low fare. My question is, don't you think it's a financial risk for *every* airline to grow that quickly, without having time to make a save financial background?