easyJet FD dismisses survival fears

Link: easyJet FD to run Europe’s biggest budget fleet

Responding to O’Leary’s claims that there would be air fare wars for the foreseeable future, Walton argued that both low-fare airlines could survive profitably.

‘I think we will end up as two because we have a different strategy. We are both flying to major cities,’ he was reported by the Daily Telegraph as saying. Earlier O’Leary claimed: ‘The future is not about the competition between Ryanair and easyJet because with the greatest respect that competition is over. Eventually you will lose to Ryanair because we have a lower cost base.’

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