Ryanair will grow stronger in a recession, says CEO

about 3 years in irish sun

Michael O?Leary said that rising fuel costs and ticket prices will drive punters to his low-cost airlineRyanair CEO Michael O'Leary told reporters on Monday that his rivals will suffer more in a coming recession, as customers "trade down" to his low-cost airline. With fuel prices skyrocketing, O'Leary predicted fewer travelers choosing full-service airlines like BA and Lufthansa.Speaking

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