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BUSINESS COMMENTARY

EU competition regulators wait to board Ryanair

The Times

We have a strange relationship with super-disruptors such as Amazon or Uber. They have undoubtedly changed our lives for the better but somehow we still don’t quite trust them.

Ryanair has utterly transformed European aviation in the past quarter century but no one has friends or acquaintances who don’t badmouth it. The carrier, Europe’s largest, is a kaleidoscope of contradictions, the low-fare airline whose accounts now reveal how it is merrily emptying our pockets.

In the past year Ryanair’s revenue per passenger, a proxy for the fare but also including all those unseen charges and fees, has gone up a staggering 30 per cent. That is a comparison with the heavily discounted fares to keep people flying during the pandemic. But even so, compared with