Seen at the Guardian, and submitted without further comment:
Asked if [Ryanair CEO Michael O'Leary] was concerned about the chill that appears to be spreading across the sector, he said: “Not a lot. In many ways we would welcome a chill or something even colder.
“We would welcome a good, deep, bloody recession for 12 to 18 months.
“One, it would lead to lower fares and, two, it would expose the regulatory scam that is going on over here,” a reference to the group’s long-running argument with the Civil Aviation Authority over airport charges.
O’Leary also claimed that a recession would put an end to the “environmental bullshit among the chattering classes that has allowed Gordon Brown to double air passenger duty. We need a recession if we are going to see off some of this environmental nonsense.”
