Ryanair expects 25 percent share of European market by 2025
Ryanair chief Michael O’Leary claims the airline will have a 25% market share in Europe within 10 years.
The chief executive told a press conference in Germany it has orders for 380 new planes which would help it grow passenger numbers from 100 million this year to 160 million within the next decade.
He put the airline’s current market share in Europe at around 14%.
O’Leary also claimed that within the same time frame Ryanair would be operating short-haul feeder connections for the long-haul flights of Lufthansa and Air France-KLM.
It said it was also talking to British Airways parent IAG, Virgin Atlantic, Norwegian Air Shuttle and TAP Portugal.
Over the summer Ryanair became the first airline ever to carry more than 10 million passengers internationally in a month.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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