Ryanair chief: airline will grow at expense of weakened rivals
Eddie Wilson credits the Traffic Recovery Scheme, which offers airlines a rebate for restoring traffic, with Ryanair’s decision to invest heavily in Dublin
Ryanair’s strong balance sheet will afford it the opportunity to aggressively pursue airport discounts and grow its market share at the expense of weakened rivals over the medium-term, its chief executive has said.
Eddie Wilson said there was “huge competition” among airports to attract airlines’ business as pandemic travel restrictions are eased across Europe.
The low-cost carrier was well capitalised to benefit as other airlines struggled to cope with the financial impacts of the Covid-19 ...