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Old 31st Jul 2009, 10:00
  #2039 (permalink)  
840
 
Join Date: Mar 2005
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Can you explain to me how Aer Lingus are going to burn all that cash in a hurry.

I've already states that I foresee a pre-tax loss of 70-90 million this year. After tax and exceptionals, that will probably go up to 130-150 million.

That's not acceptable.

However, it's not going to send them bankrupt this year, or next year, or the year after.

There are massive issues that need addressing in Aer Lingus, but talk of imminent bankruptcy is just hyperbole.
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