Germanwings CEO Thomas Winkelmann recently predicted Ryanair's demise, saying, "I think the Ryanair model is coming to an end. The more Ryanair flies to a destination, the more losses taken by the airport and the local tax payers wont stand for that."
Ryanair responded by saying, "We only reply to airlines that have a significant market share. Germanwings is the fly on the arse of the airline industry, so we're not going to bother."
Another day in the world of European LCCs.
on November 4, 2009 11:10 AM | Reply
Ryanair is only attracting leasure travelers I think it is always dangerous to focus one's efforts on one market, because if it collapses, you have no other source of revenue. Companies such as Air Berlin or easyJet are seeking to attract business travellers so they can access a larger market. I think that SkyEurope partly failed because it didn't manage to diversify its business, convinced that it could survive with an East-West route strategy