Ryanair's O'Leary Sees `Challenging' Winter, 2020 Improvement

The transcript covers a discussion with Michael O'Leary about the challenges facing the airline industry, including market changes due to airline failures, capacity issues, and regulatory delays with the Boeing 737 Max. It also touches on oil price trends, labor relations, and the potential impact of Brexit on the industry. Despite challenges, there is cautious optimism for the future, with expectations of lower oil prices and reduced capacity growth leading to better outcomes for airlines.

What challenges does Michael foresee for the airline industry in the upcoming winter?

What is the expected impact of the Max aircraft delays on the airline's growth?

How has the failure of airlines like Thomas Cook affected the market structure?

How does Michael describe the current state of oil prices and their effect on the airline industry?

What is Michael's perspective on the future growth of the airline in light of current challenges?

What does Michael say about the pilots' strikes and their support among UK pilots?

What are the implications of Brexit for the airline industry according to Michael?