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Old 3rd May 2003, 17:15
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In trim
 
Join Date: Jul 2001
Location: London
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notice,

You are correct in that all airlines are suffering at the moment. RYR couldn't give its seats away (but share price holding up well), eJ share price going steadily down with regular news that performance this half-year will be disappointing, etc.

However, the industry is all in a bad way, and despite this I would argue that the airlines you mention are the ones with the biggest cash reserves and therefore in the best position to 'weather the storm' and come out the other end!

In trim
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