Ryanair 2008 Annual Report Download - page 8

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8
Ryanair’s People
Over the past year, Ryanair has created more than 1,400 new jobs. We are pleased that 1,373 of
our people (23%) have been promoted as our continuing growth creates new opportunities for career
development. While our pay is among the highest of any major European airlines we continue to
manage our rosters in order to maximise our people’s productivity while at work, but at the same time
maximising their time off. Our productivity remains high as over the past 12 months Ryanair carried
almost 10,000 passengers per employee, a figure that is some ten times better than our principal
competitors across Europe.
Airline Average Pay*
Ryanair 150,355
Air France\KLM 149,504
Lufthansa 144,335
British Airways 140,007
*Source: Based on latest published annual reports
*Source: Based on latest published annual reports
Airport Regulation
Despite the success of Ryanair’s low fare revolution in Europe – or perhaps because of it – we are
continuing to face creeping attempts by governments and bureaucrats to impose unnecessary airport
regulation which invariably increases the cost of air travel for consumers.
It is no surprise that Ryanair’s two most expensive base airports (Dublin and Stansted) are
regulated monopolies. In both cases inadequate regulatory regimes have allowed these monopolies to
waste billions of euro developing expensive facilities which don’t work efficiently and which their
customer airlines don’t want. These two airports provide an abject passenger service while increasing
passenger charges by many multiples of the rate of inflation. In the last 12 months the BAA Stansted
monopoly has doubled Ryanair’s passenger charges. Ryanair welcomes the recent report of the UK
Competition Authority which found that the BAA airport monopoly, and the way that it operates, has
had an adverse effect on competition. We particularly welcome their finding that the “inadequate CAA
regulatory regime” has also had an adverse effect on competition.
Ryanair continues to campaign for the break up of the BAA airport monopoly since we believe that
the three London airports (Heathrow, Gatwick and Stansted) should be split up into separate competing
companies in order to promote competition between these airports. Competition will deliver the
additional runway facilities so badly needed in the UK Southeast at much lower cost and with a much
greater focus on building only those facilities which their airline customers really want and will happily
pay for.
Airline-Passengers per Employee*
Ryanair 9,679
Easyjet 6,772
British Airways 735
Air France\KLM 715
Lufthansa 624