Mr. Colm Barrington:

The Senator's point about saving €600 is relevant. Customers are always looking for low fares. Ryanair has prospered in the past 25 years because of low costs and low fares. We do not have the scale to achieve the lowest costs. If Ryanair purchases aircraft, it orders 200 or more and gets the best possible rate from Boeing. If we purchase six or ten aircraft, we do not get the best rate. By combining with the other three airlines in IAG we could bid for 100 aircraft for the group and get a rate that would allow us to compete better with the likes of Ryanair by offering lower fares to customers.