Originally Posted by
Halo117
What does that even mean? Did they mean load factors? If so that is a false assertion as load factors have no bearing on profitability. How many times have we heard that mantra on FT.
FR (Ryanair)'s whole business model is high load factors, low ticket prices, low costs. They've said they don't plan to return to flying until they can get high LFs again. I have no reason to doubt them. (Also, they obviously didn't receive CARES Act money, so not sure why that's relevant).