PPRuNe Forums - View Single Post - Go "Throws in the Towel"!
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Old 31st Oct 2001, 19:09
  #7 (permalink)  
maxalt
 
Join Date: May 2001
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It is believed that Michael O’Leary, chief executive of Ryanair had privately vowed to spend whatever was necessary to fend off the challenge of Go, which he saw as a threat to his airline’s dominance in Ireland.
"It (Ryanair) has lost substantial sums of money on the route, and is prepared to continue to do so. But the strategy seems to be working,"
"It is an important strategic move for us to fend off the Go challenge. They must be hurting more than us."
I'm gutted. Ryanair have used their weight to stomp on their smaller competitor.

How is this different from the kind of abuses the traditional carriers were accused of?
If FR is losing money (as their spokesman claims) then what will happen when GO has left? Will they not bump the price up again?

Where is Mr.O'Learys famous 'competition' now?
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