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Ryanair chief set to expand in Germany, says chief

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(Globalpost/GlobalPost)

Low-cost carrier Ryanair plans to expand in Germany, its chief said in an interview Wednesday, also predicting that budget airlines would continue to steal market share from their older rivals.

"We want to service five or six more airports in Germany," up from 13 now, Ryanair chief Michael O'Leary told the daily Frankfurter Allgemeine Zeitung in its issue to be published Thursday.

On airlines such as Germany's Lufthansa and British Airways competing on European routes, he was quoted as saying: "They'll have no choice but to scale back in the next three to four years because we will expand and take over markets."

O'Leary said the airline aimed to boost annual passenger numbers to 130 million within a decade from about 80 million now, in remarks published in German.

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http://www.globalpost.com/dispatch/news/afp/130424/ryanair-chief-set-expand-germany-says-chief