The capital cushion means FR will have plenty of time to take action.
Right. Nevertheless, for years Ryanair has been having plenty of time to make some reformation regardless of the economical environment and a timeframe, just in case. One of these things: to broaden the spectrum of customers. Not forgetting the average penny-pinchers, FR should try to enrich and diversify its offer targeting some other groups as well.
I will not repeat myself about what are the few simple things needed to achieve it.