"...O'Leary says the airline is looking everywhere for cost-saving opportunities. He has taken a pay cut, and he says he believes others should share in the economic realities the airline faces.

Asked why he does not lay pilots off if he has too many, O'Leary says he has stopped recruiting because the carrier's needs are already taken care of well into next year, but adds that because the airline intends to continue expanding into the 2009 high season, layoffs do not make sense.

O'Leary says there are now plenty of pilots on the market with airlines such as UK charter carrier XL Airways having closed down on 12 September, and he agrees with British Airways that there will be more failures. He wants Ryanair to be around to expand into the market spaces left."

Flight International

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