I thought MOL over played the downside risk yesterday, with oil now around 19$dpb less than two months ago they should make millions more just doing what they are doing now?
MOL described it yesterday as Airline business full of optimists whereas at Ryanair he encouraged pessimism because it means they always need to be aware of what is happening and act quickly.
History has shown that they are conservative with their results which means good chance they can deliver given what is currently known.
To paraphrase Donny Rumsfeld said its the known unknowns that cause problems.
Having spare aircraft meant that Malev and Spanair closures meant capacity already available.
Its not parking 80 aircraft and not using, its rotating and using them over a period of time so none sitting there for 5 months, its a good way of adding an extra year to usable fleet life.