Ryanair loves spining the value of its planes but over the next few years they will become a dead weight.
The traffic numbers are out for Feb. Easyjet adds 13% more pax and fills 87% of seats, FR adds just under 5% and sells only 76% of its seats. it looks like FR had about 25% of its fleet grounded last month for most of each week. That is a few billion euros of assets not working for shareholders.