Originally Posted by
Luke258
Neither does Lufthansa. But since these are unprecedented times, they applied for government aid. Just like all the major carriers. Then there's Ryanair standing alone complaining.
This has by the way nothing to do with protectionism, it is simply as you say about preventing job losses due to political decisions. And since you complain about Europe: Ryanair was benefitting by european "legislation" for quite some time now, let's not forget about that.
Have you seen Lufthansa’s balance sheet? I’d suggest you go have a look. Particularly at their debt and debt to liquidity ratio.
Anyway, Ryanair don’t need state aid currently. Why take money with high interest rates to be repaid when you don’t need to have it in the first place. The reality is the out going’s are relatively small, due to the fact most EU governments are covering most of their employees wages.
There seems to be a number of people from outside who want to bury their head in the sand in regards to Ryanair and just repeat to themselves Ryanair are bad, as that’s what Dave told me 15 years ago.
Has it slipped through everyone’s radar Ryanair have already lodged their application into the European Court on Sweden. If that’s successful, a precedent is created and soon it’ll be Frances Austria’s and Germany’s turn.
On Ireland being a relatively poor country? I think that sums up your IQ. Where is Google Apple and Mircosoft based again. In terms of GDP Ireland is one of the wealthiest nations on this planet.
Simon Convery previously mentioned Ryanair to one of the Islands greatest success stories. I’m quite confident the Irish government would back the Harp if it needed it, which it doesn’t.