PPRuNe Forums - View Single Post - Ryanair - 8
Thread: Ryanair - 8
View Single Post
Old 4th Mar 2011, 09:12
  #704 (permalink)  
befree
 
Join Date: Aug 2004
Location: uk
Posts: 434
Likes: 0
Received 0 Likes on 0 Posts
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.
befree is offline