Yes and Mr O'Leary thought he'd make a profit this year and got it spectacularly wrong, so perhaps being realistic in ones predictions when they are based on shifting sands is more honest.
You claim to know the industry but you miss the point of hedging? I've lost all confidence in your posts as you clearly have an agenda. Fuel hedging is a long term game you can't simply point the finger and cry foul when it ges on way its that short term thinking that cost Ryanair dear last year.
I checked up on your last point. Your information is wrong. There have been no fare well packages for some time and none are planned.
Have the courage to declare your interest and stop embellishing your posts with fabrication. Burble