What really matters is at the end of the summer which we all await with interest I'm sure....
You have to ask yourself why other big low cost airlines (like Ryanair or Southwest) make a profit all year round? Could it be because those companies don´t squander money left, right and center?
IMHO I think EZY has had it´s glory days and now it´s flighting high costs, low morale and management suffering from ´writersblock.´ The ´low(ish) cost´ EZY model (cheap prices and ugly colours/uniforms) has worked well in the UK, but I doubt if it will work the same on the continent.
Looks like Ray is bailing out just in time!
