Ryanair lacks a shareholder like stelios who cares about longer term goals instead of short term growth. MOL is going to exit at some point but seems still mad on growth. This means doing things that are not profitable or in the interests of the shareholder long term prospects. Just look at RBS for how a one "great leader" can become public vilan over a few months.
Easyjet are clearly trying to be a profitabe airline while ryanair are trying to be as big as possible. Ryanair have another 150 planes on the way that need paying for. I could have a major cash flow problem in 2 years time and be gone in 4.
Stelios hasn't a clue what he is doing.
A serial entrepreneur who has such great successes as Easy Cinema, Easy Car Hire, Easy Pizza, Eazy Internet Cafe, Easy Hotel, Eazy Cruise and has lost millions doing it for him and his investors. This despite having the family millions supporting him.
He bullied the board last year in an attempt to force them into starting to pay dividends and reduce growth while at the same time threatening that unless he got his way he would use his shareholding to get himself reappointed as chief exec.
Pretty much the easiest way to force investors to dump your shares is to start down this route. RB did this which is why the investors walked away from Virgin.