Ryanair new charges = new evidence there yield will be very very low for the 2nd half year 2007...
Bad news for the shareholders...
Of course, they are rubbish when they said that it is to encourage free on-line check-in
Increasing charges has a direct incidence on the bottom line as it is a very easy way to generate pure margin. No need for long studies or brain (as always), just be brutal!
According to me, it just shows that the company is currently in a bad shape and quiet "vulnerable" (what is doing easyJet???) with all their new crap bases (MAD, MRS, BRE, BHD, BOH)
My post one week ago...
Some answers were that the company was in a good shape...
Shareholders who believed me would have save lots of money!
All there new bases are crap. Further, it is highly probable they will be condemned again for illegal state aid. They are coming in a time of optimization and I really think that they don't have the right people to manage it properly...