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Transcript of Ryanair presentation
Mohammed Salem Awad
Aden Regional Director
YEMENIA
Date of Issue: 30 Nov 2014
“Excellence is never an accident. It is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice of many alternatives -choice, not chance, determines your destiny.”
― Aristotle
Aristotle
• RYANAIR• Data Base.• Forecasting Approach • Mathematical Model • Forecasting Accuracy • Signal Tracking Analysis• Passengers Evaluation
• Model Vs Actual• Measuring The Error
• RYANAIR ON SPOT • Passenger Forecasting
2015 – graph• Passenger Forecasting
2015 – Table• Contact
Ryanair is Europe’s only ultra-low cost carrier (ULCC), operating more than 1,600 daily flights (over 500,000 per year) from 57 bases, across 1,600 low fare routes, connecting 180 destinations in 29 countries and operating a fleet of 303 new Boeing 737-800 aircraft.Ryanair has recently announced firm orders for a further 175 new Boeing aircraft, which will be delivered between 2014 and 2018. Ryanair currently has a team of more than 9,000 highly skilled professionals, will carry over 81.5 million passengers this year and has an outstanding 29-year safety record.
Golden Rule -4 < Signal Tracking < + 4
And Coefficient of Determination > 80 %
Defining the Max/Min S. T. in the control band.
Golden Rule -4 < Signal Tracking < + 4
And Coefficient of Determination > 80 %
We will use the concept of
Forecasting by Objectives
to develop a fair matrix decision, so forecasting by objective ; can be either by:
- Classical Method by Evaluation R2
- Setting Signal Tracking S. T. (36 ) to Zero
- Defining the Max/Min S. T. in the control band.
- Targeting the final results of the annual long term forecast.
- Reflecting the impact of the most recent monthly data.
Rotational Vs Displacement
(R) Coefficient of Determination Vs Signal Tracking
Golden Rule -4 < Signal Tracking < + 4
And R Coefficient of Determination > 80 %
Max/Min S. T. in the control Range.
For 36 data set only two reading that exceeds 5 % errors.
All the remaining reading for 3 years data base are below 5 % errors !!!!!!!!
ON
TAR
GET
2015
PASSENGERS FORECASTING
Welcome in the Club :