PPRuNe Forums - View Single Post - Growing evidence that the downturn is upon us....
Old 4th Feb 2008, 14:38
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Grass strip basher
 
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It is off topic so I won't labour the point but I think you will find a listed company has to get an annual report out with 3-6 months or so, certainly not 2 years.... I know of no listed company that takes more than 3-4 months to get the annual report out.

More importantly Chris I think you missed the whole point with your post... no one was saying Ryanair was in trouble... or gives a stuff about their depreciation policy... the issue is the outlook.... an unhedged fuel position.... falling passenger yields etc etc... if costs go up and revenues come down airlines tighten their belts and put expansion plans on hold... period. As the biggest recruiter of low houred pilots I admire your optimism... it will hold you in good stead if their are tough times ahead in 12-18 months when you come out of training.
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