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Ryanair looks to Italy for growth, Alitalia to transform Air One into an LCC

Analysis

Europe's leading LCC, Ryanair, looks set to continue its expansion in Italy as LCC capacity share (a good indicator of market share) growth generally in Europe has tailed off during the last three years. Alitalia has meanwhile announced it is considering transforming Air One, the local rival it merged with in Dec-2008, into an LCC, in response to intense competition.

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