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Essay text:
Several examples of European airlines including prevailing statistics and development will be given to provide a better insight into this topic.
Ryanair Holdings is Europe's leading low-fare scheduled passenger airline. The company operates short-haul, point-to-point routes between Ireland, the UK and Continental Europe. The company's leading market position provides the company with the ability to leverage its market position to further expand its operating network. However, the estimated decline in the domestic European air travel would decrease the demand for the company's services and resultant revenues...
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