Ryanair.
HMB you are broadly right.
The airlines are struggling now following the vote a few weeks ago and its likely to become more difficult in 2017. Hence the low fares now being made available.
OVER CAPACITY BIG TIME HERE.
I also think that there will be cutbacks eventually by Jet 2, Thomson, T Cook Etc. Less Based aircraft a distinct possibility. Easyjet could dissapear !
Only time will tell.