Reuters interview: Ryanair sees price war fueling rapid air travel recovery | Reuters News Agency

Reuters interview: Ryanair sees price war fueling rapid air travel recovery

Ryanair is steeling for an airline price war that it expects to win once coronavirus restrictions are lifted and passengers flock back to tourist destinations, Chief Executive Michael O’Leary told Reuters. Brushing off forecasts of a sluggish recovery, O’Leary predicted a swift traffic rebound, with the pain coming instead from “massive price-dumping” that traditional airlines now seeking bailouts would struggle to keep up with.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
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