One of Europe’s largest low-cost airlines could let passengers fly free soon.
According to Michael O’Leary, the CEO of Ryanair, the company is planning to offer some of their flights around Europe for zero fares in the upcoming decade. The plan depends on their money made from sharing revenues with airports they are working with, Interestingengineering.com reported.
Ryanair already offers flights for around € 7.99 and € 9.99. But this is not enough for them. Good news came from O’Leary, on his speech at the Airport Operators Association conference in London. O’Leary claimed that their goal is to cover some of the European airports if they can arrange the taxes like air passenger duty that they are sharing with airports now. And it would ultimately allow Ryanair to give away free flights.
“The challenge for us in the future is to keep driving airfares down. I have this vision that in the next five to 10 years that the air fares on Ryanair will be free, in which case the flights will be full, and we will be making our money out of sharing the airport revenues; of all the people who will be running through airports, and getting a share of the shopping and the retail revenues at airports,” he said.
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