Ryanair
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Ryanair
According to the telegraph today Michael O'Leary has said that he is going to launch a major price war and that the profitability of the company will suffer. He has apparently said that a proce war is moere important than the share price and that the share price will inevitably suffer. Thanks goodness I am not a shareholder.
To me it looks either like predatory pricing or that Ryanair have a gross excess of capacity. It is surely going to be a rough ride for some. But p4redatory price wars always attract other predators. With several sharks in the pool the weaker brethren are going to get very hurt very quickly now it seems.
To me it looks either like predatory pricing or that Ryanair have a gross excess of capacity. It is surely going to be a rough ride for some. But p4redatory price wars always attract other predators. With several sharks in the pool the weaker brethren are going to get very hurt very quickly now it seems.
Join Date: Oct 2003
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The start of the slippery road downwards for MOL. Just lately, FR aircraft are nowhere near full to capacity. I suspect he'll ditch the Buzz operation saying he don't need it. Truth is, the Buzz side is doing well but MOL would never admit to that.
