Zero - good points and I don't disagree with you. The only thing I would question is the assertion that 2012 Summer will be busy everywhere. This seems to be the general line of thinking in the Company. I am a bit puzzled though as to where this is coming from. We have the Olympics in the UK - but 95% of the tickets have been sold to UK residents. Tourists would, in my opinion, do very well to stay away from London during that period and from what I read, tourism in London is actually forecast to drop during that period. We are in the middle of a Eurozone economic crisis. So... Can anyone shed any light on where these people are going to be flying to and from...?
The only possible positive is if the Greeks extricate themselves from the Euro and everything suddenly becomes very cheap there. And Ryanair hardly fly to Greece!