Ryanair CEO Michael O'Leary says the UK should abolish air passenger duty at airports outside London to help grow the economy, telling @tommackenzietv he's prepared to move 10% of his airline's capacity out of the UK if Chancellor Rachel Reeves hikes it further https://t.co/zEd8HxEtrR ...

The overriding trend, Tom, you know, in Europe, I think this year and for the next five years is going to be capacity constraint. The manufacturers are way behind in their deliveries. In fact, Boeing left us 29 aircraft short this summer, and we're the airline that grows as more capacity in Europe than any other airline.So if we're short capacity, we won't be able to grow traffic 2% in the September quarter. But we were able to recover all of our last year. Fares went down by 7%.This year, they've gone back ...