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Outspoken Ryanair (RYAAY) CEO Michael O'Leary reacts to the British Airways/Iberia merger:...

Outspoken Ryanair (RYAAY) CEO Michael O'Leary reacts to the British Airways/Iberia merger: “It reminds me of two drunks leaning on each other. If you put one high-fare, loss-making airline together with another high-fare, loss-making airline, you will get an airline with higher fares making much bigger losses." Ryanair is Europe's #1 discount carrier.
Comments (1)
  • Tom Au, CFA
    , contributor
    Comments (6779) | Send Message
     
    Spoken by one who should know. Michael Dell said much the same about the HP Compaq merger years ago.
    13 Nov 2009, 11:08 AM Reply Like
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