O’Leary foresees only 4 companies in Europe, including Ryanair

OLeary foresees only 4 companies in Europe including Ryanair

(Finance) – The press conference made a lot of noise Michael O’Leary, CEO of the Ryanair groupheld in Lisbon, who argued that, just as Ita Airways is destined to be purchased, easyJet and Wizz Air will also end up in the orbit of legacy carriers in the next two years.

O’Leary believes that within four to five years, air passenger transport will be concentrated in four companies: Lufthansa, Air France-KLM, IAG and Ryanair.

tlb-finance