It's starting, FR just posted a full year loss of 169 million euros (the first since 20 years), and revised it's estimate for next year from 300 million profit to 200 million. Guess the Aer Lingus adventure wasn't such a good move after all... Too many aircraft, can't sell them etc etc.
And still MOL keeps bragging on about buying Lufthansa. Also, MOL hopes to slash fares 10 to 20% to maintain passenger traffic. I wonder how on earth is he going to achieve that...
I just hope FR doesn't bring the whole low cost model down with them.
