Racedo,
I agree with you completely. It makes sense now. My criticism is it was a very big mistake in the first place to buy all those aircraft in a contracting market. Very risky strategy and to be honest I don't thinks its paid off yet. If this recession continues much longer the mistake will be further compounded. My point again, why buy expensive assests if you don't intend to use them? Leaving them idle, paying finance, maintenance, depreciation etc. It'll take a lot of 10 euro fares to cover these costs. To Ryanairs credit, they are coping well at the minute. Excellent firefighting......
no slot