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Ryanair will lower fares

Dublin, Ireland - Irish low-cost would take advantage of competitors' troubles

Ryanair plans to cut its ticket prices by half despite soaring fuel prices, helping it grow substantially, Michael O'Leary, company's chief executive, said German paper "Frankfurter Allgemeine Sonntagszeitung", taking advantage of the current record highs in oil prices which will force some airlines into bankruptcy in next 2-3 years. Ryanair plans to double the number of passengers to 80 million...

AVIONEWS - World Aeronautical Press Agency - 1089506
Rome, Italy, 05/13/2008 14:32
AVIONEWS - World Aeronautical Press Agency

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