Brussels, 27/06/2012 (Agence Europe) - The economic model of the low-cost airline Ryanair is unable to stay the course, according to major European airlines. Without subsidies in various forms from the regions and airports, the Irish company would record losses of €305 million, according to the calculations of the Association of European Airlines (AEA), in an internal study.
The analysis of the accounts was leaked to the Belgian daily newspaper L'Écho, on Tuesday 26 June. However, the...