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Old 25th Feb 2011, 16:08
  #641 (permalink)  
davidjohnson6
 
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I very much suspect that if Ryanair gets to the stage of having to report an annual loss to shareholders using formal accounting standards (none of this pro forma or EBITDA rubbish), MOL will realise he has to do something about it quickly. He is, after all, an accountant. I suspect also that loss making routes can be chopped quickly, and that FR has the capacity to significantly reduce staff numbers if they so wish

The capital cushion means FR will have plenty of time to take action
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