Ryanair will grow even faster in recession, boss says
People will still fly during a downturn but they will choose low-fare airlines, Michael O’Leary says. …
Mr O’Leary told the BBC: “A deep recession in the UK or an energy crisis will certainly affect overall demand, but within that – as has happened in the last four or five recessions – you see people trading down from high-fare airlines like BA and Easyjet, to low-fare airlines like Ryanair.”
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