Ryanair's dominance of airline industry in jeopardy because of 'aggressive competition', says expert

Ryanair's dominance of airline industry in jeopardy because of 'aggressive competition', says expert

An aviation expert claims there could be more announcements of job cuts at Ryanair in the future.

Yesterday, the airline's chief executive, Michael O'Leary, revealed 900 staff could be let go.

Pilots and cabin crew will be laid off within months, because of Brexit and delays in the delivery of Boeing planes.

Aviation expert Gerry Byrne says things are not looking good for the airline:

Mr Byrne said: "It's not looking terribly bright for them, they are having marketing problems in Germany, in central Europe, where they had hoped that an acquisition, Laudamotion, would have been a springboard of success in the German and Austrian market.

"This isn't happening, the major players in those countries are fighting back."

He went on to say Ryanair's dominance of the airline industry is in jeopardy.

He said: "Ryanair is not such a novel organism anymore. More and more airlines are learning the secrets of running an airline business on a shoestring that Ryanair first developed.

"So they are being copied around Europe, they are still supreme at what they do, but they are having more and more aggressive competition."

More on this topic

UK Ryanair flights take off as normal despite pilots’ strikeUK Ryanair flights take off as normal despite pilots’ strike

Ryanair pilots’ strike to go ahead in UK today after judge blocks legal challengeRyanair pilots’ strike to go ahead in UK today after judge blocks legal challenge

Ryanair shares dip as court allows for UK strikesRyanair shares dip as court allows for UK strikes

Ryanair fails in British High Court bid to block strikes by UK pilotsRyanair fails in British High Court bid to block strikes by UK pilots

More in this Section

Glenveagh shares tumble on CEO departure and industry outlookGlenveagh shares tumble on CEO departure and industry outlook

Expanded pharmacy group posts €5m lossExpanded pharmacy group posts €5m loss

Kingspan readies €600m warchest to mitigate BrexitKingspan readies €600m warchest to mitigate Brexit

Aviva Stadium in the red despite All Blacks success and Billy Joel concertAviva Stadium in the red despite All Blacks success and Billy Joel concert


Lifestyle

These green pancakes are topped with avocado, tomato and cottage cheese.How to make Jamie Oliver’s super spinach pancakes

Who else can pull off a look described as a ‘hip-hop Michelin woman’?As her new EP drops, this is why there will never be a style icon quite like Missy Elliott

The classic white-tipped look is once again in favour, and celebs are loving it.The French manicure is back – 5 modern ways to try the trend

The A-Listers hiding in plain sight: As Rihanna is spotted at the cricket, who are the celebs who have been living under our noses in Ireland? Ed Power reports.Celebs in plain sight: The A-Listers living under our noses in Ireland

More From The Irish Examiner