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Jun 3, 2003 | 11:57 am

#1

Hogtowner

Join Date: Sep 2002

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Posts: 502

Ryanair: We want to destroy the airline business as we know it

Interesting article in today's online Guardian (London) about Europe's biggest no-frills airline, Ryanair:

http://www.guardian.co.uk/airlines/s...969421,00.html

Some snippets:

"Mr O'Leary added that Ryanair expected to become Europe's biggest internationally scheduled carrier, beating Lufthansa and British Airways, within three years."

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"Passenger traffic in 2002-03 grew by 42% to 15.7 million. The airline's planes were 84% full, compared with a figure of 81% in 2001-02. Ryanair managed strong profits, despite a time of deep turmoil in the airline industry."

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"Ryanair, however, has increased its profits for 15 successive years. "

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