Ryanair - 'Laying Off' 600!!
>Key expenditures included 937.1 million euros ($1.46 billion) to buy new Boeing aircraft,
That was last year. So if you know the delivery numbers, I guess you could work out the price of each.
That was last year. So if you know the delivery numbers, I guess you could work out the price of each.
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MOL:
Physician - heal thyself!
The capacity reductions which will ensue from this winter’s wave of airline bankruptcies and consolidations will create more opportunities for Ryanair to grow
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Leo is your CEO coming unstuck
Last edited by Leo Hairy-Camel; 28th Jul 2008 at 14:18.
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Is that 2.5 Billion before or after paying for the unsellable aircraft about to be delivered Leo?
What will you do with them? Set them alight for the insurance money perhaps?
PS With a 'Net' margin of 3%, why are you forecasting a loss of 60 million?
What will you do with them? Set them alight for the insurance money perhaps?
PS With a 'Net' margin of 3%, why are you forecasting a loss of 60 million?
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Shares down 22%!!
RYR will survive I suspect which is good news if you're employed by them.
However I'm absolutely delighted to see the share price closed down a whopping 22%....
So all the filthy swine that propagate the management will be lying awake tonight wondering was it worth selling their soul to that t*rd MOL, and blading their fellow man at every opportunity. What's Bellew's share options worth now.... ?? Nowt
However I'm absolutely delighted to see the share price closed down a whopping 22%....
So all the filthy swine that propagate the management will be lying awake tonight wondering was it worth selling their soul to that t*rd MOL, and blading their fellow man at every opportunity. What's Bellew's share options worth now.... ?? Nowt
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Ah but old MOL was no fool. Every month he was offloading shares left right and centre. Sure he probably still has a stack of unexercised options that are below their strike value but he has already cashed in hundreds of millions when the going was good. Rest easy he won't be having to worry about a bedsit or sleeping in his car. If things go sour he can always fall back on his race horses for pleasure. Nice
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I wonder what´s best....working for an airline who´s shares went down by 22% and still made a profit...or..working for an airline that´s bankrupt or losing money etc: ie AZ, BA, NW, US, etc etc?
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I am an F/O with Ryanair on a Brookfield contract, heres what I think.
Flying as a job is a gamble on the bottom few rungs of the ladder
I am flying 4 or 5 days in my rosta at the moment, great job good pay and really happy at FR
while they keep rostering me ill keep flying, if the rosta runs out then ill have to find another job and live of my savings for a bit and do some work where I can get it.
fingers crossed that does not happen, but life is full of supprises and you got to take chances where you can, playing it safe does not always get you where you want to be in life,,, so stop worrying so much and enjoy where you are. sitting with a calculator working out margins is best left to the guys who get paid to do that, if you fancy a job elsewhere and can get it then just go for it, if not then bank cash for a rainy day and enjoy the skys.
Flying as a job is a gamble on the bottom few rungs of the ladder
I am flying 4 or 5 days in my rosta at the moment, great job good pay and really happy at FR
while they keep rostering me ill keep flying, if the rosta runs out then ill have to find another job and live of my savings for a bit and do some work where I can get it.
fingers crossed that does not happen, but life is full of supprises and you got to take chances where you can, playing it safe does not always get you where you want to be in life,,, so stop worrying so much and enjoy where you are. sitting with a calculator working out margins is best left to the guys who get paid to do that, if you fancy a job elsewhere and can get it then just go for it, if not then bank cash for a rainy day and enjoy the skys.
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MoL and his alias Leo are the people who have singlehandedly debased airline professionalism throughout Europe. May they get what they deserve. In MoL's case, as he is rich beyond the dreams of Creusus already, that may not amount to much more than having to go back to the farm for real on his estate. For all of his employees, I have nothing but sympathy. Perhaps the debasement will stop here, but I doubt it. Leo, if you are anything other than MoL's alter ego, you should be truly ashamed of yourself.
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Flybe doing nicely
In response to the assertion that other airlines are facing problems can I just say that Flybe have just posted record profits and are making money due to the high fuel efficiency of the Dash 8 - indeed according to the MD we're still in profit if the fuel price hits $170 a barrel. It ain't sexy or glamorous compared to a 737-800 but my goodness it's the right aeroplane at the right time.
I also gather BA have just posted record profits in excess of £800m
Desk-pilot
I also gather BA have just posted record profits in excess of £800m
Desk-pilot
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"I also gather BA have just posted record profits in excess of £800m"
Think that was the figure for the last nine months of 2007, their first quarter 2008 figures are released on Friday.
I gather from some of the comments on here that if BA's profits are down then their business model must be flawed also?
Think that was the figure for the last nine months of 2007, their first quarter 2008 figures are released on Friday.
I gather from some of the comments on here that if BA's profits are down then their business model must be flawed also?
I am an F/O with Ryanair on a Brookfield contract, heres what I think.
Flying as a job is a gamble on the bottom few rungs of the ladder
I am flying 4 or 5 days in my rosta at the moment, great job good pay and really happy at FR
while they keep rostering me ill keep flying, if the rosta runs out then ill have to find another job and live of my savings for a bit and do some work where I can get it.
fingers crossed that does not happen, but life is full of supprises and you got to take chances where you can, playing it safe does not always get you where you want to be in life,,, so stop worrying so much and enjoy where you are. sitting with a calculator working out margins is best left to the guys who get paid to do that, if you fancy a job elsewhere and can get it then just go for it, if not then bank cash for a rainy day and enjoy the skys.
Flying as a job is a gamble on the bottom few rungs of the ladder
I am flying 4 or 5 days in my rosta at the moment, great job good pay and really happy at FR
while they keep rostering me ill keep flying, if the rosta runs out then ill have to find another job and live of my savings for a bit and do some work where I can get it.
fingers crossed that does not happen, but life is full of supprises and you got to take chances where you can, playing it safe does not always get you where you want to be in life,,, so stop worrying so much and enjoy where you are. sitting with a calculator working out margins is best left to the guys who get paid to do that, if you fancy a job elsewhere and can get it then just go for it, if not then bank cash for a rainy day and enjoy the skys.
I vote this as one of the best postings on this thread if not the whole of Pprune!!
"Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. . .Avoiding danger is no safer in the long run than outright exposure. . . Life is either a daring adventure or nothing."
- Helen Keller, deafblind American author, activist and lecturer
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Opinion of today's Financial Times (and they know a thing or two about finance): "Mr. O'Leary has a strong balance sheet on his side [and] is still the most likely candidate to be the last man flying when the crisis is over". So let's not get too excited about RY's imminent demise.
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I just love all the bile on this thread!!! The UK is a sinking ship, probably the best thing FR did after 9/11 was to diversify into the European mainland. Many of the countries which now have a large FR presence were the domain of the Hire Fares Carriers. The people love cheap fares Rya its a fact.
Will be interesting to see how this thread will be viewed in 2009.
Oh and will BA pilots now have to learn Spanish to keep their jobs?
Will be interesting to see how this thread will be viewed in 2009.
Oh and will BA pilots now have to learn Spanish to keep their jobs?
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FR's good week continues.
Share price down 20% on the sh1tty figures and now their booking engine on the website is slow all day.
A good way to make your punters and investors happy no?
Share price down 20% on the sh1tty figures and now their booking engine on the website is slow all day.
A good way to make your punters and investors happy no?