Ryanair CEO: Heathrow Expansion 'Huge Missed Opportunity'

The transcript discusses the expansion of Heathrow Airport and the need for additional runways in London to foster competition and reduce airfares. Michael O'Leary of Ryanair argues for three new runways to enhance competition among airports, similar to the competition among airlines. The discussion also touches on political and environmental challenges, the impact of Brexit on aviation, and how London's airport infrastructure compares to European cities. Ryanair's business strategy in response to economic changes, including Brexit, is also covered.

What are the anticipated effects of Brexit on air traffic according to the speaker?

What is the speaker's view on the future of London's airport capacity?