If you had £1000 with which you had to buy shares in an airline in which of the following four airlines would you invest.
1. British Airways
2. Aer Lingus
3. Ryanair
4. Easyjet
Personally I would invest in Ryanair. This is to ignore the current takeover furore.
The only thing that is preventing a takeover of BA at the moment is the size of the pension deficit and we know about Aer Lingus.