Quote:
Ryanair boss Michael O'Leary has repeatedly speculated on the prospect of the company's collapse this winter, sentiments that could scare off potential candidates from more comfortable airlines.
Has he? Cannot recall ranting MOL about Aer Aran in that direction.
Excerpt taken from Belfast Telegraph 26 May 08
'Meanwhile, Ireland's third biggest airline, Aer Arann, said last week it may seek a financial partner and lease out more aircraft on the back of rising fuel costs and an economic slowdown.
"The most likely one to go bust at $200 a barrel is Aer Arann," said O'Leary.
A spokeswoman for Aer Arann said the airline "is in a healthy financial state, with reserves to enable us to weather any storm".
Full article:
Aer Lingus can go bust if oil spikes: O’Leary - Local & National, News - Belfasttelegraph.co.uk
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UK and Ireland Airline Fleet Listings
jethro's UK and Ireland Airline Fleet Listings