http://www.cnbc.com/id/24667207
O’Leary stressed the current market environment was not about improving profit margins but gaining market share.
“We'll lower the fares even more significantly during the downturn,” he said. “It does mean that profit margins are going to fall, it means profits will probably fall, certainly for the next 12 months. Frankly, shareholders are just going to have to take it on faith.”
O’Leary stressed the current market environment was not about improving profit margins but gaining market share.
“We'll lower the fares even more significantly during the downturn,” he said. “It does mean that profit margins are going to fall, it means profits will probably fall, certainly for the next 12 months. Frankly, shareholders are just going to have to take it on faith.”
