However Easy did post a loss for the first quarter after the floatation.........Funny That!
Massaged figures prior to floatation?
How can a company that has expanded so quickly and borrowed so much money possibly do well in a recession?
Ryan Air kept costs low in the early days and expanded cautiously setting a firm foundation for its growth and purchase of brand new aircraft.
If there was a recession and interest rates go up, the Majors have the pools to weather the storm, does easyjet? I don't think so.
[This message has been edited by autobrakemedium (edited 14 June 2001).]