Can RyanAir survive without public subsidies — analysis by @Airobserver and @WhichBudget

RyanAir has often been credited with being virtually unstoppable thanks to a highly efficient operation.

However, as the WhichBudget website explains

While Ryanair declared €663m of ancillary revenues in its last annual report in 2009, Ryanair earned more than €664m in subsidies the same year. It means that subsidies are at least as important as ancillary revenues and represent around 22% of Ryanair’s revenues.

The story is based on an extensive analysis by Roman the AirObserver. We strongly recommend a reading of the analysis.

Do also take the time to visit the AirObserver site.

About Devesh Agarwal

A electronics and automotive product management, marketing and branding expert, he was awarded a silver medal at the Lockheed Martin innovation competition 2010. He is ranked 6th on Mashable's list of aviation pros on Twitter and in addition to Bangalore Aviation, he has contributed to leading publications like Aviation Week, Conde Nast Traveller India, The Economic Times, and The Mint (a Wall Street Journal content partner). He remains a frequent flier and shares the good, the bad, and the ugly about the Indian aviation industry without fear or favour.

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