a company who gives away tickets for free.
Fuel prices have increased substantially in recent years. In the short-term this is due to the war in Iraq and increased global competition for current production. In the long term those prices may continue to rise as world oil production peaks and begins to drop while worldwide demand continues to escalate. Though Ryanair has done well at absorbing these shocks in the short run, the long run implications are not clear. On the one had forward-looking rates are increasing and long-term financing is becoming more expensive. On the other hand inflation caused by rising oil prices might lower the effect of RyanÆs future debt burdens.
RyanairÆs competitors often have differing strategies, including flying into other airports. Ryanair fiercely defends i
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