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Old 22nd Nov 2007, 21:06
  #154 (permalink)  
vkid
 
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You have to wonder about the future (although not just for EI) but unfolding events in the stock market, poor Dollar, oil prices etc..would really make you think how much of EI's growth plan will ever be achieved. Even looking at EI shares price it is currently around the 1.93 EU mark which is 30c approx lower than its launch..would not really make investors too happy...add the labour issues that seem to dog the airline..how much of the talk will ever be achieved..
On one hand they are trying to compete in Europe (with mainly Ryanair) which is a difficult one to do and then on the other hand they are trying to grow long haul services with a different level of service (ie not lo-cost) and mainly to a slightly dodgy US market....add the level of dependence and interaction of the Irish economy with the US..the apparent tightening of credit from the financial institutions...are things looking as rosy as DM and co once thought they were??
How much of this planned growth can actually be achieved in a possibly very turbulent economic market coming up in future years..

A lot of if's and buts...but any thoughts?
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