do you get your money back if they cancel your flight?
Yes but obviously with a week to re-book they will be far more expensive.
BA from Gatwick to Krakow £393, Easyjet from Gatwick to Krakow £175.......More than a 'couple of quid' wouldn't you say.
And £200 from Ryanair (I double checked on the same dates Ryanair are more expensive than EJ). BA are £275
Credit crunch and high airport charges?
Thats the smoke screen. Ryanair don't hedge their fuel (as the Ryanair boss puts it "hedging is for ******* gardeners") so they have been paying the full price of $140 - unlike most airlines that have contracts at $50-60.
So basically Ryanair are losing money hand over fist and trying to squeeze it out of their customers and the airports.
JET2.com fly to Krakow from Leeds Bradford from £100 return including taxes.
They came out top in a "Which" ( consumer magazine ) report about budget airlines.
Jet2.com are paying very little for their fuel (they hedged the price for next two years) so they will stay competitive.
Ryanair are unique among all the airlines as Mike O'Leary has taken a massive gamble on fuel prices and lost, to the tune of over a billion Euro's.