LHC=Michael O Leary.
Mr O'Leary has a problem recruiting pilots at the moment. Therefore Mr. O'Leary is trying to scare some away from Easy and towards Ryanair.
By the way, the dat he provides is from an investor roadshow document and the revenue he quotes includes a stack of non flying related revenue.
The acounts show Ryanair's margins on flying related activities between 04 and 05 went from 9.2% down to 6.3% - a decline of 33% in one year.
LHC is just trying to sow Fear Uncertainty and Doubt (Called FUD in the computer industry) to divide and rule and keep you all scared and uncertain.