Ryanair Will Continue to Prioritize Increasing Market Share, Says CFO

The transcript discusses Ryanair's market strategy amidst price competition and overcapacity in Europe. It highlights growth plans with new aircraft and customer targets, emphasizing organic growth and selective acquisitions. The company is preparing for Brexit with contingency plans to secure UK operations and maintain EU ownership. Speculation about acquiring Norwegian Air is addressed, with a focus on strategic opportunities.

What is Ryanair's primary strategy to handle price competition and overcapacity in the market?

• Increase ticket prices

• Reduce the number of flights

• Maintain low fares and grow market share

• Focus on luxury services

How much visibility does Ryanair currently have into their summer bookings?

• Full bookings already

• No visibility

• Limited visibility

• Complete visibility

What is one of the key components of Ryanair's growth strategy?

• Reducing fleet size

• Introducing new game changer aircraft

• Focusing solely on domestic markets

• Eliminating all acquisitions

What role does Laudamotion play in Ryanair's growth strategy?

• It is a new marketing campaign

• It is an acquisition to expand market reach

• It is a new aircraft model

• It is a competitor

What is Ryanair's approach to potential market consolidation?

• Focusing only on organic growth

• Picking up strategic acquisitions like Laudamotion

• Being a major player in M&A

• Avoiding all acquisitions

How is Ryanair preparing for a potential hard Brexit?

• By securing UK Air Operator Certificate and maintaining EU ownership

• By reducing flights to the UK

• By stopping all UK operations

• By moving headquarters to the EU

What is Ryanair's stance on acquiring Norwegian Air?

• They cannot comment on rumors

• They are actively pursuing it

• They have already acquired it

• They have no interest in it