Following reports of a board-level divergence of opinion, Ryanair chief executive Michael O'Leary has confirmed the carrier's vision of a transatlantic low-cost long-haul operation, despite the plan being dependent on whether the European Union/US Open Skies agreement “is implemented effectively across Europe”.
Speaking at last month's French Connect conference in
But according to flightglobal.com’s sister on-line publication Air Transport Intelligence, he also said that there is "an opportunity there" for a long-haul low-cost airline, but the opportunity does not exist "in the short-term".
O’Leary has since told Flight International that Cawley’s message is the same as his, explaining: “Michael Cawley gave a 40 minute presentation to the French Connect Conference in
“He quite correctly pointed out that any long-haul, low fares airline would not be connected to Ryanair, would not happen in the short-term, but was a long-term opportunity.
“This reflects the key points of the discussions we had in
“Remember my caution that nothing would happen unless Open Skies is actually implemented effectively across Europe unless/until then there is a major downturn in the industry which creates an opportunity to acquire a fleet of long-haul aircraft cheaply.
“As you know the jury is out on both of these counts currently.”
Source: FlightGlobal.com