SP:"So far, you don't have to pay a premium to get a seat on an airline.""Michael O'Leary is the CEO of Ryanair, an Irish low-cost carrier serving budget travelers within Europe. The airline is notorious for its budget-cutting strategies, including seats without the ability to incline, advertisements on overhead bins, and safety cards stuck on the back of seats.In a recent interview with the London Daily Telegraph, O'Leary spoke about his desire to create a "standing room only" cabin aboard Ryanair's planes."If there ever was a crash on an aircraft, God forbid, a seatbelt won't save you. Seatbelts don't matter." said O'Leary. "You don't need a seatbelt on the London Underground. You don't need a seatbelt on trains which are traveling at 120 mph, and if they crash you're all dead…"Passengers traveling in the standing cabin would pay fares as low as one British pound, or $1.59.In return, O'Leary said they would have to "hang on to the handle" during landing. "http://www.fox19.com/story/20070682/airline-ceo-seatbelts-do...t
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra