This industry attracts more capital than it deserves.

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.

I have to manage and protect my brand. For the details I can always hire people who can knuckle down much better. For that I need people who are different to myself. People who compensate for my weaknesses.

Greek shipowners like to boast, 'I bought ships at the bottom of the market, and now they're worth ten times as much.' It goes back to the days of Onassis and Niarchos competing with each other over who had the biggest fleet, the biggest yacht and the most famous girlfriend.

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.

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

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.