Ryanair Warns of Airline Bankruptcies

Source: Air Transport news

"Ryanair, Europe’s largest low fares airline, today (4th Dec) warned passengers against booking their summer holidays with flaky charter airlines or shoddy holiday companies as it predicted that the spate of airline bankruptcies, which disrupted the summer holiday plans of millions of passengers this year, looks set to continue into next year. Ryanair advised passengers to protect their summer holiday plans by booking with Ryanair - Europe’s most financially secure airline. Launching its 2009 Summer Schedule, Ryanair warned that the high profile bankruptcies of Futura Gael, XL Holidays (UK), Zoom, Sterling and LTE, which left millions of people stranded this year, highlighted the need for passengers to travel with secure airlines which can survive the global economic downturn." Next.