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Showing posts from November 16, 2011

Ryanair: Future growth driven by airport deals ©

Ryanair indicated in its half-year results that future growth will be driven by the best airport deals which will be opportunistic, as another wave of airline consolidation begins to take hold across the European airline sector, as the Euro debt crisis further erodes economic activity coped with high fuel costs. The Ryanair CEO Michael O’Leary revealed that the airline is currently talking to thirty new airports not currently served by the carrier Ryanair Conference Call (7th November), after indicating in September Central Europe and Scandinavia will be the focus for expansion in the next two to three years Bloomberg (4th October). The airline indicated its average sector length will decline as Central Europe and Germany will be in focus. The Ryanair CEO Michael O’Leary indicated airports in Germany where offering ‘Exceptional Deals’ in the aftermath of the Air Berlin ‘Shape & Size’ re-structuring plan, as regional airports will lose flights and routes Ryanair Conference Call (7th