DREAM / The Prime Minister resigns and wakes up under the Parisian bridge!

 Kliko këtu për të tjera
Voxpress:

Ryanair boss predicts bankruptcies in the European airline market and attacks competitors: Wizz Air has no future, EasyJet will be dissolved

2025-10-01 20:39:24Biznes SHKRUAR NGA REDAKSIA VOX
Ryanair boss predicts bankruptcies in the European airline market and attacks
Michael O'Leary

Michael O'Leary, the chief executive of Ryanair, warns that several small and medium-sized airlines in Europe will go bankrupt in the coming months, as competition in the low-cost flight market becomes increasingly fierce.

In an interview with Corriere della Sera, O'Leary estimates that the collapse of operators such as Play (Iceland) and Braathens (Sweden) is just the beginning of a wave of bankruptcies that will follow by the end of the year.

Ryanair's boss singles out Wizz Air as one of the companies in serious trouble, accusing it of poor financial and strategic decisions, such as selling planes during the pandemic and expensive leasing deals. He describes its financial model as "a Ponzi scheme" that only worked during growth.

Meanwhile, he says the company is losing ground in Poland and in markets where Ryanair is investing heavily.

O'Leary also criticizes easyJet, which he says is not in crisis but has stalled growth. He predicts that its activities in France and Switzerland will be bought by Air France-KLM, while those at London Gatwick will be bought by British Airways.

Another hot topic is Ryanair's clash with Spanish operator Aena, which it says charges the same for major and regional airports, making it unreasonable to increase flights to smaller cities. As a result, Ryanair has moved a million seats from Spanish regional airports to major cities such as Barcelona and Madrid, as well as to Italy.

For the Italian market, O'Leary calls for the removal of the municipal tax on airline tickets, citing as positive examples the regions of Sicily, Calabria and Friuli, which have attracted investment after its removal. According to him, Ryanair could add over a million seats in Italy immediately if the tax were also removed in other regions.

Meanwhile, starting November 14, the company will only allow check-in through its mobile app. However, O'Leary emphasizes that during the winter, printed tickets will also be accepted, so as not to exclude older passengers or those who encounter technological difficulties.

He also defends the stricter policies on onboard baggage, saying it is not about being stricter, but about implementing rules that guarantee efficiency and cost reduction. According to him, Ryanair continues to offer the same prices as in 2023, despite the general increase in prices in the sector.


Në përputhje me standarded JTI

Video

SHIKO KANALIN NE YOUTUBE
×