The 40 GBP re-issue fee will generate a lot of income for Ryanair. It is unrealistic that 100 per cent of all pax will show up at the airport with the printout. If only 10 pax per flight do not have their passes handy, each flight will generate an additional 400 GBP revenue. If Ryanair has 1.000 flights each day (pure guessing), we are looking at 400.000 GBP each day. For the whole year, this means approx. 150m GBP.
There are times when I wonder if Michael O'Leary is the Bernie Madoff of the aviation industry and one day his whole house of cards called Ryanair will collpase.
This heading is in the Daily Mail to be published tomorrow.
The comments section below this article makes some interesting reading.