How much would it cost Ryanair to be “nice” to its pilots? And how would this affect the airline’s position in the ultra-competitive European low cost market? We did the maths.
3. “Nice” Strategy
x
20% more pilots:
840 extra pilots at €60,000 = €50,400,000
€12,000 pay rise:
5040 total pilots at €12,000 = x€60,480,000
Total cost x €110,880,000
4. Estimated number of seats flown
128,000,000
x
Estimated additional cost per seat €0.87
x
Current average seat costs (approx.) €41.65
x
New average seat costs (approx.) €42.52
6. Conclusion
Ryanair would still be
highly competitive!
Get the full picture. How do other LCCs stack up against Ryanair? For fare
performance, seat costs and profitability for all European and US LCCs,
contact Jon Soars on 07738 002006 or at jonsoars@aviationanalytics.com