Ryanair Ready to Pounce on Opportunities From Pending Airline Mergers
Skift Take
It looks like Ryanair is preparing itself for a major shakeup of the European airline industry. We've heard it talk about struggling competition before, but things are getting much tougher out there.
Ryanair plans to use its new group structure to take advantage of further consolidation in the European airline industry by snapping up airlines, jets, or airport slots that might become available because of competition rules.
The likes of Wow Air, Primera Air, and BMI Regional have all disappeared in the last year, with struggling Thomas Cook currently looking to offload its airline division.
All this change gives a stronger player like Ryanair the chance to cement its position of power even though it's suffering from the tough operating environment.
The carrier earlier this year announced a group reorganization, with CEO Michael O'Leary becoming head of larger Ryanair Group, which would control subsidiaries including the main airline Ryanair DAC, Laudamot
