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Ryanair - strange comment?

PostPosted: 02 Nov 2009, 09:53
by Sealink
I believe that Ryanair should change course before the end of this fiscal year and manage the airline over the next three years to maximise cash for distribution to shareholders.

Perhaps I am reading too much into this, O' Leary is grumbling that Boeing won't play ball by reducing prices (O'Leary previously described his last deal with Boeing as 'we raped them' so maybe Boeing playing a bit more hardball this time) but maybe I am reading too much into things.

PostPosted: 02 Nov 2009, 11:10
by Scrooge
Well with the backlog of orders for the 737 series, Boeing is in a lot better position to play hardball, for that matter so is Airbus, after MOL's stupid comments I can't see either of them cutting him to much a deal.

PostPosted: 02 Nov 2009, 15:11
by Jeffers555
For clarity here is a link to the full story.

http://www.flightglobal.com/articles/20 ... rders.html

PostPosted: 02 Nov 2009, 16:04
by slinky09
Well Boeing will hate losing the business but Ryanair surely would be stung with cancellation fees if there are aircraft on firm order?

Sealink, there in your post is why I loathe O'Leary, his use of the word rape to signal how he sees a business deal. The man is pond life.