PPRuNe Forums - View Single Post - Ryanair to cut flight schedules over 80% then ground airline
Old 20th Mar 2020, 11:17
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MCDU2
 
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Irish credit rating is quite high and therefore they have access to debt if they so wished. They could provide interest bearing loans with covenants covering debt repayments and conversion to equity if not repaid on time. Could make the Irish government a tidy profit. Just like Air NZ just received.
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