Ryanair !!!

[exdos]

In one way or another, all of us will suffer considerably, if only financially, from the Coronavirus pandemic, either directly, or indirectly. In the greater scheme of things, I'd rather lose some of my savings for life to resume as we've known it rather than keep every penny and watch the economy totally collapse and all of us have to suffer even more when we come out of lockdown.

Like many people, over the past 10 years, I've seen the concept of savings and earning interest, completely destroyed, so we've already lost that potential source of future income.

I just hope that in the aftermath, there will be a fairer redistribution of wealth, where the egos of the likes of Michael O'Leary might be stroked by becoming philanthropic rather than self-aggrandising as they are at present.

 

[NickDE]

Don't commit money to luxury expenditures if you can't afford to lose it.

 

[ben g]

Don't commit money to luxury expenditures if you can't afford to lose it.

Biggest pile of crap I've ever read :thumbsdown:

 

[john-e89]

Under normal conditions I use Ryanair to Fly to Limoges about 4 times a year. If you live in the north there is little choice. We’ve been doing this for the last 12 years or so and I have to say we have had no problems with them at all. They are cheap, the fleet is new and you know what to expect.

In the year to March 2019 they flew 139 million passengers and made £880 million profit. Not bad for a rubbish airline!

When I did my Lead Auditor training in the RAF, Quality was defined as 'fitness for purpose at minimum cost.'
By that definition Ryanair are a quality company.

Any sensible businessman would currently be trying to hang on to as much money for as long as they can.
If they give it all back they will be stuffed.

That doesn't help an individual who is in need of their money back, but I think it is understandable in the current situation.

The thing I struggle with enuff is how much money do you want in these unprecedented times..? As a businessman under normal circumstances fine, he’s done very well for himself that is open for anybody to do the same, but as it stands now, surely anyone with a conscience would be dipping into his/her own very deep pocket to help customers out no...?

 

[enuff_zed]

Under normal conditions I use Ryanair to Fly to Limoges about 4 times a year. If you live in the north there is little choice. We’ve been doing this for the last 12 years or so and I have to say we have had no problems with them at all. They are cheap, the fleet is new and you know what to expect.

In the year to March 2019 they flew 139 million passengers and made £880 million profit. Not bad for a rubbish airline!

When I did my Lead Auditor training in the RAF, Quality was defined as 'fitness for purpose at minimum cost.'
By that definition Ryanair are a quality company.

Any sensible businessman would currently be trying to hang on to as much money for as long as they can.
If they give it all back they will be stuffed.

That doesn't help an individual who is in need of their money back, but I think it is understandable in the current situation.

The thing I struggle with enuff is how much money do you want in these unprecedented times..? As a businessman under normal circumstances fine, he’s done very well for himself that is open for anybody to do the same, but as it stands now, surely anyone with a conscience would be dipping into his/her own very deep pocket to help customers out no...?

I think the key word here is 'conscience'.
He has undoubtedly got a large personal fortune, but I doubt he would consider putting that back into the company. If he made it a Director's loan for example, it would reduce his personal tax burden, and also that of the company as/when they paid him back. But the chance of the company still folding and taking his money with it would be too high.
So he, and probably many others too, are trying to find ways for their companies to be self-sustaining.
I guess the issue may well be that the money we all handed over months in advance has been spent already.

 

[NickDE]

Don't commit money to luxury expenditures if you can't afford to lose it.

Biggest pile of crap I've ever read :thumbsdown:

Love you too