Written by the companys founder and first CEO, Pat Byrne, Fuelled by Belief tells the remarkable story of how a fledgling airline, against all odds, literally stayed in the air. Set up in 1993 to fly business travellers to London City Airport and back from Dublin, Cityjet was highly regarded and developed a loyal customer base, but was continually struggling to compete in a very difficult market. A promotional deal with Virgin Airlines seemed to be the answer, but the deal eventually went sour and by 1997 Cityjet had accumulated losses of 16.5 million.
The company went into examinership, emerged again with new investors, but the financial woes continued. Thanks to committed management and a hard-working staff Cityjet somehow managed to stay in business but time was against them. Eventually, seven years after it was founded, Cityjet became a wholly owned subsidiary of Air France and Pat Byrnes dream of running his own airline was over. Unbowed, however, in Fuelled by Belief Pat Byrne looks back with pride as he tells a tale of striving to beat the odds in an extremely competitive and volatile business.
Fuelled by Belief will be of interest to entrepreneurs, business students, airline buffs and anyone intrigued by tales of business survival.
"...the best book by an Irish entrepreneur in yonks...a real page-turner."
Nick Mulcahy, Business Plus
About the Author
Prior to the founding of Cityjet, which he ran as CEO for seven years, Pat Byrne had spent 20 years in the financial services sector. After spending his early years "serving his time" in the bank, he went on to develop Savings & Investments Limited, now known as Cornmarket, which became one of Irelands most successful investment and insurance broking houses. Today Pat Byrne, in consort with his partners, acts as a business catalyst and mentor to business owners and managers, through their company known as Rainmaker.
- Additional Information
Author Byrne, Pat Editor No Print Format Electronic E-Book File Formats none Paperback ISBN 1-904148-57-3 Hardback ISBN 1-904148-63-8 E-Book ISBN No Date of Publication September 2004 Number of Pages 240 Illustrations Black and White