Overview of Ryan Air Essay Example | Topics and Well Written Essays - 1000 words

Overview of Ryan Air - Essay Example In the years1990 and 1991, the firm had new management and this resulted into a complete overhaul. The firm adopted some practices of Southwest Airline and this made it to cut its routes to 5 from 19. By the year 1991, Ryan Air was in possession of 6 aircrafts, 350 workers, and besides, it carried about 700,000 passengers annually in the five routes and from the year 1991 to the year1997, the firm increased the fleets it had to 21, and besides, it increased the routes it followed. All through this period, the number of passengers continued to grow because of the low fares that were charged by the firm. The firm was prevented from expanding its market by strict regulations that were enforced on the European airlines. However, the year 1997 was a turning point for the airline industry in Europe and for Ryan Air; this was because the regulations that prevented the airlines form expanding their boundaries were lifted and the airlines had the opportunity of establishing newer routes so as to cover the whole continent of Europe; thus this made Ryan Air to expand its routes. By the year 2001, Ryan Air had the largest travel website in the whole of Europe and in a span of three months after the launch of the website in the year 2000; it got more than 50,000 online bookings in a week. The firm realized that passengers were in need of transportation which was very fast and also inexpensive and for the firm to offer the cheap transportation method, low costs as well as efficiency were vital. Therefore, Ryanair changed business within the industry by providing lower charges and despite this; they have managed to make consistent profits through reduced costs. Through the use of Southwest model of lower costs, Ryan air developed a strategy, which was different from the ones of Lufthansa, British Airways, as well as Air France, for instance Ryan air made use of one aircraft fleet that ensured there were economies of scale in planning as well as training its crews, stocking sp are parts and also maintenance of its planes (Leocha). The firm also transitioned from B737-200s as well as B737-300s, which was bought by the firm as second hand to newer B737-800s. The firm reduced maintenance costs by introducing newer aircraft and besides, the productivity as well as the efficiency of the firm also improved through the use of no-frills methodology. Customary, in-flight services like seat allocation, complimentary drinks, meals and provision of newspapers were eliminated by the firm, rather, the company got a lot of profits from the minor services through charging passengers for in-flight services as well as additional travel expenses like travel insurance. Besides, workers were always compensated when sales were made and therefore, Ryan Air benefited through increased profits as well as efficiency. The passenger base of Ryanair grew to 23.1 million in the year 2003 down from 6.1 million in 2000. During this period, the profits made by the firm greatly increased to â‚ ¬226.5 million from â‚ ¬72.5 million. The competition within the airline industry in Europe was changed by low-cost-low frills strategy of RyanAir and this made a number of other low-cost operators to amalgamate to counter competition. The objective of Ryanair is to establish itself firmly as the leading low-fares airline in Europe through persistent improvements as

Gender Discrimination in the workplaceDifferences in earnings Research Proposal

Gender Discrimination in the workplaceDifferences in earnings - Research Proposal Example In earlier times, the gap between the pay of men and women was large. In recent times, this gap has narrowed to a great extent. What is this gap This is when men and women earnings are measured, a woman's earnings is always less than that of a man. Men earnings are used as a standard to measure female pays (Facts on Working Women, 2004). In 1992, women's median hourly earning was 79.4 percent of men's. While the female median wage or salary rate was 75.4 percent of their male equivalents. Annual women earnings in 1992 were 70.6 percent of men earnings (Facts on Working Women, 2004). These figures (adapted by the Bureau of Labor Statistics) prove that women are paid less. They were paid even less 40 years earlier than 1992. In these years, from early 1950s, women earnings have grown by 1.3 percent each year while men earnings have only grown by a 1.1 percent annually. This shows that the earnings gap narrowed in these 40 so years and continues to do so. The widest gap in earnings was found in sales job in the late 1990s. Only one out of every ten women was employed in such an occupation (BLS, 2008). The following graph is adapted from the Bureau of Labor Statistics. It shows women's earnings as a percentage of men earnings over the last 28 years, by age. The graph shows that women's earnings as a percentage of men's has generally increased over the last thirty years. The earnings gap has narrowed for all age groups. However, we must remember that employment patters consistently illustrate that women largely occupy lower-paid jobs than men, even after providing for changes in tastes and productivity. This paper will revolve around the question of discrimination in the workplace. Are women paid less than men The paper will discuss which gender is paid less in the workplace and is discriminated against. First, this will be illustrated by giving statistical information about differences in earnings. After this, reasons for such differences will be discussed and it will be evaluated why there is discrimination in the workplace. Discussion According to an economist's definition, discrimination in the workplace is when two people have equal productivity but different outcomes. These people are most likely to be a part of different groups. Like I mentioned earlier, it is a well known fact that women have been a target of discrimination in the workplace. Evidence of discrimination in the workplace is subtle. They can be analyzed by either direct testimonies or by studying statistical employment patterns (Jacobsen, 2007). Some people say that because of this discrimination they are also paid less in earnings than the men in same or similar organizations. But we must understand that men, obviously, are stronger; physically and sometimes, even mentally. Men are good in crisis. Most men have the attributes of natural leaders, for example, strong mindedness etcetera. Besides that, many women wish to spend more time with family and less time at work. They may not be as willing as their male counterparts to travel around the world to get promoted to higher positions. They might not be so comfortable with the idea of having to shift their homes in search of better job opportunities. Women might be more willing to take more time off from work and longer breaks to deliver and/or look after their babies. These are also some of the reasons