So, Michael O'Leary from Ryanair is at it again, stirring the pot. This time he's saying that Wizz Air and airBaltic might not survive the winter because of the fuel crisis. It's interesting because he's not exactly known for being subtle, but he might have a point with the rising fuel costs and all.
Wizz Air is an ultra-low-cost carrier, and airBaltic's been around for a while. But with the way fuel prices are going, it's gotta be tough on their cash reserves. I mean, airlines have been through a lot the last few years, and now this?
I'm wondering how accurate O'Leary's prediction is. Could it just be a bit of competitive trash talk, or is there some truth to it? Also, what do you guys think would happen if they actually did fold? Would other airlines step in to fill the void, or would it just mean fewer options for travelers in those regions?
It's a tough market right now, but I hope these airlines can hang in there. Anyone else got thoughts on this?
Wizz Air is an ultra-low-cost carrier, and airBaltic's been around for a while. But with the way fuel prices are going, it's gotta be tough on their cash reserves. I mean, airlines have been through a lot the last few years, and now this?
I'm wondering how accurate O'Leary's prediction is. Could it just be a bit of competitive trash talk, or is there some truth to it? Also, what do you guys think would happen if they actually did fold? Would other airlines step in to fill the void, or would it just mean fewer options for travelers in those regions?
It's a tough market right now, but I hope these airlines can hang in there. Anyone else got thoughts on this?