Markch2000
Interesting thoughts, but recession hasn't started yet in the UK and the Republic of Ireland still has a long way to go. Remember £200,000,000,000 of funny money was printed to win an election and kick the can further down the road.
Aer Lingus has dropped LCC because it couldn't compete against the Ryanair cost base, even after a small amount of restructuring and general blood letting. Also Ryanair is a very large share holder in Aer Lingus and therefore both companies would benefit from having different customer types.
Today is the AGM, so hopefully some news later on the strategic direction of Ryanair. Lots of mixed messages in the press recently, I think the one that has most credibility is the need to buy more aircraft and the expansion in new markets (Morocco, Cyprus, Greece and Turkey).
edited due to incorrect reference
Last edited by F14; 22nd Sep 2010 at 11:19.