This report provides an in-depth analysis of Ryanair's strategic decision-making processes, focusing on the application of the VRIO framework. The report begins with an executive summary outlining the key concepts and frameworks used to analyze the airline's success. It then introduces Ryanair, discussing its business model, history, and operational strategies. The core of the report centers on applying the VRIO framework (Value, Rareness, Imitability, and Organization) to evaluate Ryanair's resources and capabilities, highlighting how these factors contribute to its competitive advantage in the airline industry. The analysis examines the value Ryanair offers to customers, the rareness of its resources, the imitability of its strategies, and the effectiveness of its organizational structure. Furthermore, the report discusses the benefits and limitations of the VRIO framework, offering insights into its strengths and weaknesses. The conclusion summarizes the key findings and emphasizes the importance of strategic analysis in achieving competitive advantage.