Good Profits This Year, Trouble On The Horizon
What's this? A low-cost carrier predicting storm clouds
ahead?
Ireland's Ryanair says, while 2003 was a very good year, 2005 will
see a drop in the airline's growth rate. Between March 2003 and
March 2004, Ryanair grew at a jaw-dropping rate of 47-percent. But
during the next 12 months, CEO Michael O'Leary predicts growth will
fall to just 25-percent.