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.
Reuters interview: Ryanair sees price war fueling rapid air travel recovery
15 April 2020, 12:00 am 1 minute
Type: Reuters Best
Regions: Europe / Middle East / Africa