As a result, Ryanair cancelled flights in the days immediately following the incident and refunded a total of E2.
The concept of corporate strategy, 2nd edition. Ryanair Holdings Plc has a well-established IT system that ensures efficiency in its internal and external operations.
Airport and navigation charge increases. Brand perception For many years, Ryanair has trumpeted its success in providing what it believed customers want, namely safe air travel at a low fare and with high levels of punctuality.
Constant technological developments require the workforce to be trained accordingly as the inability to keep up with these changes can lead to loss of business for Ryanair Holdings Plc.Rising raw material can pose a threat to the Ryanair Holdings plc profitability. Organizations also assess the likelihood of events taking place in the coming future and how strong their impact could be on company's performance. SWOT analysis may lead the firm to overemphasize a single internal or external factor in formulating strategies. Its products have maintained quality over the years and are still valued by customers, who find it as good value for the amount of money that they pay. Skilled workers: increase in education and training by numerous institutes has increased the amount of skilled labor available within the country. Reliable suppliers — It has a strong base of reliable supplier of raw material thus enabling the company to overcome any supply chain bottlenecks. Competition and qualified employees have been leaving the organisation in recent years, which could mean a shortage of good talent for the company in the upcoming years. There has been an increase in average household income along with an increase in consumer spending following the recession. Strategic Management Journal, 13 S1 ,
Source: Ryanair Further aircraft order. The rise in prices of fuel has increased in the input costs for Ryanair Holdings Plc.