Ryanair Issues Fresh Ultimatum To Boeing
Post 2011 Ryanair may not be buying any new planes. This will free up cash to start returning it to the shareholders. In effect the market capital of the firm could start to reduce in a controlled way. later I expect they would sell of planes as the reached 7-10 years old. Slowly they could cut out the less profitable parts of the network where eco taxes and higher fuel cost bite most. He could easily reduce the airline to about half its current size by 2016.
"Around mid- to end-2011 we'll be looking at very substantial senior management bonuses and distributions to shareholders, in that order," O'Leary said. "I think I'm worth it."