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Opinion
Chris Bryant

Cheap Oil Won't Save Airlines

The discount carrier is putting pressure on ticket prices and adding capacity

After a year marred by terrorist attacks and employee strikes, Air France-KLM and Lufthansa might have expected that falling jet fuel prices would mean a better 2016.

But low-cost rival Ryanair served a warning on Tuesday that Europe's legacy carriers will be unable to reap the full benefit of that windfall.