Not a real shock as forecast of their performance and cash position pretty close to where I figured they would end up.
Their cash position forecast in March was to be between €400-430 Million at year end, they have already hit that position and worse is to come.
Expected redundancies will follow once new guy is installed with a massive outlay of cash.
Ryananir and Michael O'Leary's support for Irish Govt in Lisbon referenda is a ball from the left and he doesn't do thing for nothing so will expect a payback if referenda passes.