US EditionRyanair boss makes dramatic predictions about easyJet and Wizz Air's future
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2 Articles
Ryanair boss makes dramatic predictions about easyJet and Wizz Air's future
According to Michael O’Leary, it’s all up in the air for these low-cost airlines (Picture: /Getty Images) As Europe’s aviation industry reels from the sudden closure of two low-cost airlines in the same week, Michael O’Leary is making ominous predictions. Known for making bold statements, the Ryanair CEO has made his name with a bit of controversy and a whole lot of commercial success. Few can dispute his credentials: Ryanair, now Europe’s large…
Ryanair CEO Michael O’Leary has once again shaken up the European airline industry by saying he foresees the collapse or takeover of Wizz Air, a company he considers “structurally unstable and financially risky.” Speaking to Italy’s Corriere della Sera, O’Leary delivered a scathing critique of the Hungarian low-cost carrier’s business model, saying Wizz Air “endangered its own future.” – During the pandemic, they sold their planes and leased the…
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