The last gasps of the Irish Dinosaur!!
Really?
€81 Million loss for 2009.
But that hides the €93 Million loss for the Q1 & Q2 09. New CX and a few senior people 'seeking new ventures' later and suddenly there is a profit for Q3 & Q4 09.
Now factor in the forthcoming €97 Million cost saving (delayed Cabin Crew circa €20 Million accepted) plus the sorting out of the hedging and Gatwick fiascos during this year and we'll see about 'the last gasps of the Irish Dinosaur'. I expect a small profit for 2010 and a bigger one for 2011.