Is the 'low-cost' model viable in the long-term?
Join Date: Mar 2007
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FR's Michael O'Leary accepts he is not the person to be running the airline when it stops its aggressive growth phase circa 2012 and needs someone else in charge.
FR and others have shown that there is no need for an airline to have thousands of staff to do everything when you buy in services that you need or seek to minimise their costs.
Coming out of recession I expect fares to rise BUT there will still be £1 fares off peak on certain routes at certain times.
FR and others have shown that there is no need for an airline to have thousands of staff to do everything when you buy in services that you need or seek to minimise their costs.
Coming out of recession I expect fares to rise BUT there will still be £1 fares off peak on certain routes at certain times.
Yet he still needs people to PAY these costs - and when you are flying to destinations such as Spain and the Canaries - that is all but guaranteed...
