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Topic: Business
Number of pages / Number of words: 3 / 795
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easyJet's average planes were 3 years old, while Ryanair's were about 15 years old. However, Ryanair was able to make a deal with Boeing (in significant competition with Airbus) in which they purchased 25 planes for $15 million, which were originally priced $30 million. Ryanair had 80% less unit costs than easyJet...


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Ryanair had 80% less unit costs than easyJet. easyJet also had 60-70% higher fares. Due to these cost differences, Ryanair's breakeven load factor was 53%; easyJet's was 71%. Ryanair was also much better with punctuality. Even though Ryanair had lower revenue totals, their net income was much higher than easyJet's...


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