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European Air Boss Forecasts Airline Economic Failures

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    Following the recent failure of the Thomas Cook travel firm which had gradually grown to the point they had operated their own airline, the Chief Executive of Ryan Air, Michael O’Leary, suggests that this is just the beginning of several more European airline failures. The Thomas Cook failure left more than 140,000 people stranded away from home. 

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    Posted by Jeffrey Richmond
    Mr. Richmond recently retired from the Aerospace industry as a technical writer and continues to write and research on a variety of topics including aviation and aerospace business. He spent a tour of duty as a pilot and instructor in the US Air Force, flew for a regional airline, and taught at two aviation universities. Jeff and his wife Peggy live in the country between Chattanooga and Nashville, Tennessee.