Ryan Air focusing on Core competencies (cc) and value adding elements , Pest analysis and five forces framework, Strategic choices available and Future strategy and new direction for RA
Title: Ryan Air focusing on Core competencies (cc) and value adding elements , Pest analysis and five forces framework, Strategic choices available and Future strategy and new direction for RA
Category: /Business & Economy/Management
Details: Words: 2712 | Pages: 10 (approximately 235 words/page)
Ryan Air focusing on Core competencies (cc) and value adding elements , Pest analysis and five forces framework, Strategic choices available and Future strategy and new direction for RA
Category: /Business & Economy/Management
Details: Words: 2712 | Pages: 10 (approximately 235 words/page)
Introduction
Ryanair (RA) was founded in 1985 as a small Irish-based competitor to Aer Lingus, the Irish national airline. In the beginning RA took on the same business models as that of their competitors but that particular strategy took RA absolutely nowhere. Then in 1990s, under the watchful eye of Michael O'Leary, RA transformed its prospects after it decided to recreate itself by imitating the Southwest Airlines (SWA) model in the British Isles, and then later
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bargaining power with other airports and weaken the position of its/ competitors. By implementing this strategy customers would be more inclined towards RA rather than alternative solutions. Offering this amount of dense cross connections network will help strengthen RA position towards other important airlines. Since these airlines already have a competitive advantage of offering a denser network flights, RA offering the same on a lower cost would help gain a huge market share for RA.