MOL in Die Zeit
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MOL in Die Zeit
Yesterday, Michaël O'Leary was interviewed in the German newspaper "Die Zeit" :
http://www.zeit.de/online/2008/28/ryanair-vorab-2
He says that, if the price of oil remains at or over 130 dollars, Ryanair will probably make no profit this year (against a profit of 430 millions euros last year).
He is rather pessimistic about the survival of a lot of other LCC : SkyEurope, Clickair, Vueling, Air Berlin ("personnally, I wouldn't buy an Air Berlin ticket this winter"), Wizz Air, Jet2.com, Fly Globespan ...
http://www.zeit.de/online/2008/28/ryanair-vorab-2
He says that, if the price of oil remains at or over 130 dollars, Ryanair will probably make no profit this year (against a profit of 430 millions euros last year).
He is rather pessimistic about the survival of a lot of other LCC : SkyEurope, Clickair, Vueling, Air Berlin ("personnally, I wouldn't buy an Air Berlin ticket this winter"), Wizz Air, Jet2.com, Fly Globespan ...
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