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Reply To: Ryanair headed for the red

Home Forums Commercial Aviation Ryanair headed for the red Reply To: Ryanair headed for the red

#521954
MSR777
Participant

Beautifully put Andy, as usual on this topic you are spot on. These carriers have never reflected the true costs of what they do, supported as they are by one subsidy or another, usually a handling agent or an airport driven into the ground financially to get the business with the usual result of decimated pay and conditions for the many staff involved or handouts from local councils or trade bodies. These carriers have been very fortunate to have been spawned in an exceptionally long era of cheap fuel which has been at the centre of this flawed business model for a long time. As a senior manager at the then new “Go” airline once told me, and I quote, “If King Faud gets out of bed the wrong side tomorrow then we are all fu**ed” Its going to be very interesting, especially to those of us in the industry to see how these so called “low cost” carriers cope facing the costs of the real world in which they operate.