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Old 27th Jul 2009, 17:23
  #4929 (permalink)  
Skipness One Echo
 
Join Date: Aug 2002
Location: London (Babylon-on-Thames)
Age: 43
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The amount of spin that Ryanair puts out is immense so your "FACTS" are actually of course only really your opinions. There is little transparency where MOL is concerned! Ryanair will survive but when one sees Ryanair slashing routes from EDI and PIK and moving aircraft into new markets that will take some time to generate profits, one has to entertain doubts. They have an unprecedented number of new B737-800s coming into service expanding the airline greatly at a time of massive doubt in the industry. This business model depended on getting a good price for the used B737s that are to be sold on and the yield and load factors holding up.

Neither of these is proving to be the case. Ryanair had a shed load in the bank but they are moving out of loss making core markets into new markets that will take time to build up. There is real reason to be concerned as the mad dash for growth must plateau at some point. We shall see.

Whatever happens, the idea of everything being the fault of tax / government / local authority / EU / fairies / anyone else is wearing thin.
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