I fly around Europe for €30-€100 per return flight without a checked bag. Yet Ryanair are one of the most profitable airlines in the world yet charging such cheap prices. Are other airlines just not as efficient as low cost airlines?
In: Economics
I don’t know about Ryanair, but easyjet’s target profit per flight is around 1000€.
Low cost airline also make bank on last minute business flights. You might pay 30€ for your flight, but business Joe that needs to go to London tomorrow is going to be paying 300€ for a seat next to you.
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