This industry attracts more capital than it deserves.

All things start in California and spread to New Jersey, then to London and then throughout Europe.

Passengers don't like changing planes. That means waiting time, stress, running around. There's a joke that the hub principle is supposed to have been invented by cargo firms. The baggage doesn't care where and how it's pushed around.

Even if someone is competent, it's so damned easy to crucify him as long as he's only working on his father's account. So at the beginning I certainly wanted to prove myself to my father and the rest of society. That quickly turned into a greater challenge. My lifestyle hasn't changed as a result.

I'm sure there are managers who have had far greater financial success. But my companies such as easyJet have changed the lives of many people. We haven't just made flights affordable for a lot of people.

Successes are always unique and hard to copy. The fact that easyJet became a success is due to a mixture of talent and luck.

You can divide airlines into two camps: expensive and cheap. But I believe that we will only distinguish between long-haul and short-haul airlines in the future.