O'Leary cautions on negative Charleroi decision

Ryanair chief Michael O'Leary said today he was concerned that the outcome of a European Union investigation into the no-frills airline's operations at Belgium's Charleroi airport would "devastate" low-cost air travel in Europe.

O'Leary said there was nothing to change his view of last month that the long-awaited ruling by the European Commission would go against the Irish carrier.