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Old 3rd Jun 2010, 00:55
  #547 (permalink)  
PPRuNeUser0161
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Metro Man
Don't forget to add your career also hangs on the economy more than ever before. The LCC does not have the margins of the QF and AN of old to be able to ride out losses. Id'e say a job with a LCC is no safer than working in the mining industry anymore.

The volcano very nearly put Ryanair to the wall. Low margins mean no cash reserves, on the other side id'e say at the moment VB are under the Pump with forcast debt and downgraded profits, Tiger are riding high with low overheads the best cost per seat NM. I would not be suprised to the face of aviation in this country change signifiantly over the next 5 years or so.
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