[egl2019]

"How is it possible to operate profitably at that price?"

It isn't: Air Berlin, Monarch, Primera, Small Planet, Azur, Cobalt, VLM, PrivatAir, Icelandic carrier WOW.

[JAlexoid]

They were run like traditional airlines, but traditional airlines can offset short haul losses with long haul profitability.

Primera and WOW were in trouble because they couldn't offset losses on their long-haul with anything.

I mean... I will not consider lower confort on transatlantic route, while sub 3 hour flights Ryanair is actually great.