Rat5: Re the Ryanair report, here it is:
https://investorryanair.azureedge.ne...ual-Report.pdf
Everybody is invited to remember MOL on TV in the last week, saying payment for arranging flights with alternative carriers will not happen because that is not covered by EU Reg 261. Now take a look at page 63 of the annual report and the paragraph headed "EU Regulation on Passenger Compensation Could Significantly Increase Related Costs".
This is an interesting paragraph as it begins with the following:
EU Regulation (EC) No 261/2004 requires airlines to compensate passengers (holding a valid ticket) who have been denied boarding or whose flight has been cancelled or delayed more than 3 hours on arrival.
The regulation calls for compensation of €250, €400 or €600 per passenger, depending on the length of the flight and the cause for the cancellation or delay, i.e. whether it is caused by extraordinary circumstance."
So, they knew that when the report was created so how does MOL not know it today?
The whole report is worth a read as it delves into pilot relations, taxes, proposed scheduled alterations etc.
The report mentions Ryanair actually own, outright, 44 of their aircraft, while the remainder are effectively mortgaged to Ex-Im bank and others. 33 aircraft are leased on 7 year leases etc etc. 195 pages that can be bloody tedious in places but interesting in others.