It never ceases to amaze me when MOL pontificates about the demise of low cost operators why he always tactfully excludes his own outfit from the list of possible casualties. The old adage "the bigger they are, the harder they fall" may well hold true here - time will tell.
Both Easyjet and Ryanair have vast numbers of aircraft to be delivered - one wonders what exactly are they going to do with them? The smaller operators like Flybe and BmiBaby have much smaller route structures and considerably less and smaller aircraft. Inevitably, their overheads will be proportionately lower and, in the long run, I predict they WILL survive.
MOL might like to take a good long look at his own operation before criticising his competitors!