Remind me, how many 737NGs are Ryanair parking this winter, with leasing costs continuing but no revenue ?
You do realise that US Govt is happily funding Boeing deals at pretty close to 0% interest, add in that the orders were placed when $-€ was strong where as now when paying its the opposite.
Question is if losing money on routes in midst of recession and enough cash to easily tide you over do you
1.) run services which lose money which eats up even more cash
2.) don't run services and minimise losses but not paying staff etc