Originally Posted by
Piltdown Man
Only so long as it can generate cash today it has a value and recent events show it has no resilience, a requirement for genuine long term value as well as existence.
I tend to agree and it’s only a matter of time before investors figure that out, some already have; one pension fund has already sold €300m worth of shares.
What’s happening at Ryanair will simply not go away, regardless of what the pilots do, as Ryanair have exhausted their supply of experienced pilots who are willing to accept rubbish T&Cs.