Germanwings boss predicts Ryanair demise
29.10.09
The chief executive of German budget airline Germanwings, Thomas Winkelmann, has predicted the demise of Ryanair because it does not attract the corporate market. The airline boss told online news service Travelmole that airports also found that the more Ryanair flies to an airport, the higher the losses it has to sustain, and that tax payers in destinations should not have to bear the brunt of Ryanair’s business model.
Mr Winkelmann, however, said the current downturn had provided the right growing conditions for most low-cost airlines. It had made travellers more price sensitive, made class differentiation irrelevant on short-haul flights and necessitated the lowest possible distribution costs, he added.
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