Z
So they correctly hedge 9 times out 10 and he should go because he gets it wrong once...
if he could guess what way the oil market went 100% of the time then he wouldn't need an airline to make his millions...
Get rid of O'Leary? .............. you're not George Lee in disguise are you?
Rog
this has to be the most ridiculous suggestion on AAM since I joined!
OLeary and ryanair have cash to burn and will emerge stronger than ever before after the downturn which most likely will decimate the weaker competition.
as the competition wilt do you think ryanair might just raise prices?
come on folks......!! think!
I'd say Ryanair needs Michael more than ever now, talk of oil going to 500 dollars a barrel being a possibility and home heating bills quadrupling, .
What !? Who mentioned 500 dollars a barrel ?
What !? Who mentioned 500 dollars a barrel ? What timeframe were they talking about ? Got any links to share ? 150 is bad enough...500 though
A member of OPEC said it over teh weekend at their meeting.
The time frame they gave was within a few years.
It was in yesterdays news.
A quick google shoudl get it i'd imagine.
In fact - here it is
Bullseye with the first dart.demoivre
Probably some deluded doom and gloom fool who doesn't understand that the demand for oil isn't perfectly inelastic
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