PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 24th Sep 2008, 10:30
  #586 (permalink)  
heli_port
 
Join Date: May 2008
Location: FL 350
Posts: 346
Likes: 0
Received 0 Likes on 0 Posts
Ryanair grounds 14 planes at Stansted

more evidence of the upturn is upon us:

Ryanair, the cut-price Irish airline, is to ground 14 aircraft at Stansted airport this winter as it grapples with fuel costs and weakening consumer demand.

“We’re heading into recession and people are becoming much more price sensitive. Our experience of recession is that fares generally fall,” Mr Millar said.
Ryanair grounds 14 planes at Stansted - Times Online
heli_port is offline