Easyjet are doing a lot better than Ryanair. Ryanair Load factor is dropping while Easyjet are charging more but getting full planes.
With 11 more planes the cost base of ryanair will rise but it is only expecting 4% more pax over the next year. I will expect they will be returning planes at the end of their lease and shrinking the fleet over the next 3 years.
Missed you when FR annuals were out............must have been nothing negative in them.
U2 on average carried 1 passenger per plane more in Q3 than FR but given U2s cost base is substantially higher and FR ancillary revenue is considerably higher then perhaps you continued doom mongering is just that.
FR already delivered €503 million in last full year so even translating at €1.25 its still £400m where as U2 only talking about £300 million.