PPRuNe Forums - View Single Post - Ryanair - 7
Thread: Ryanair - 7
View Single Post
Old 7th Jan 2010, 17:23
  #549 (permalink)  
racedo
 
Join Date: Nov 2008
Location: Exit stage right.
Posts: 290
Likes: 0
Received 2 Likes on 2 Posts
The data to back up or rubbish my predition will be in the q3 report on the 2nd Feb 2010. I suspect in Q3 Ryanair will have made very little profit. Next year it will have to pay $100 extra per tonne of fuel and will be loss making in the winter (but profitable in the summer). When jet fuel goes back to well over $1000 ryanair could make loss over all on each year. That is why it is not ordering more planes.
You stated they not getting them as fact so now its a prediction

Given that on each occasion they produce results you start with the premise they are going bust or will go bust soon I think Mystic Meg is a better predictor.
racedo is offline