The beginning of trouble?

Shamrocks faithfull answer was to be expected.

Unfortunately you are deluding yourself if you think MOL’s arrogant practices with not cause trouble with Unions.

European Employment laws…. you cannot get away from them.

Shamrocks faithfull answer was to be expected.

Unfortunately you are deluding yourself if you think MOL’s arrogant practices with not cause trouble with Unions.

European Employment laws…. you cannot get away from them.

Aviation history is littered with the carcasses of airlines who thought themselves invincible. More than a few perished on the sword of poor employer/employee relationships.

Aviation history is littered with the carcasses of airlines who thought themselves invincible. More than a few perished on the sword of poor employer/employee relationships.

Ren,

You may be right. However, Ryanair have demonstrated what I’d regard as “sharp” business practices in the past and have gotten away with it. If they are again demonstrating “sharp” business practices and this winter those practices come back to bite them on the ass, well maybe they’ll show a bit more humility and compassion in future – its high time something like that happened. MOL predicted a blood bath amongst the low-fare carriers this winter and I think he’s correct in suggesting that, and if Ryanair has to share some of the pain then that’s mighty fine by me.

If what I read is correct – that Ryanair haven’t hedged any fuel this winter – then thats not going to bring Ryanair down in any case because their reserves are strong, but I think it’ll lead to them offering far fewer cheap fares, and if it also severely dents their cash reserves so be it.

(Just as an example of what I’m talking about, consider these figures from report I read late last week… Southwest have hedged 80% of their winter fuel needs at $28 a barrel, whereas United have hedged none of their fuel and are therefore subject to market forces with trading currently standing well above $50 a barrel. Guess which out WN or UA are going to come out of the winter with the better balance sheet)

Indeed you are correct, Ryanair’s sharp business practices will undoubtedly come back to bite at some point. But who will suffer the most… the board? the staff ? the passengers ?

Ren,

You may be right. However, Ryanair have demonstrated what I’d regard as “sharp” business practices in the past and have gotten away with it. If they are again demonstrating “sharp” business practices and this winter those practices come back to bite them on the ass, well maybe they’ll show a bit more humility and compassion in future – its high time something like that happened. MOL predicted a blood bath amongst the low-fare carriers this winter and I think he’s correct in suggesting that, and if Ryanair has to share some of the pain then that’s mighty fine by me.

If what I read is correct – that Ryanair haven’t hedged any fuel this winter – then thats not going to bring Ryanair down in any case because their reserves are strong, but I think it’ll lead to them offering far fewer cheap fares, and if it also severely dents their cash reserves so be it.

(Just as an example of what I’m talking about, consider these figures from report I read late last week… Southwest have hedged 80% of their winter fuel needs at $28 a barrel, whereas United have hedged none of their fuel and are therefore subject to market forces with trading currently standing well above $50 a barrel. Guess which out WN or UA are going to come out of the winter with the better balance sheet)

Indeed you are correct, Ryanair’s sharp business practices will undoubtedly come back to bite at some point. But who will suffer the most… the board? the staff ? the passengers ?

Ren,

You may be right. However, Ryanair have demonstrated what I’d regard as “sharp” business practices in the past and have gotten away with it. If they are again demonstrating “sharp” business practices and this winter those practices come back to bite them on the ass, well maybe they’ll show a bit more humility and compassion in future – its high time something like that happened. MOL predicted a blood bath amongst the low-fare carriers this winter and I think he’s correct in suggesting that, and if Ryanair has to share some of the pain then that’s mighty fine by me.

If what I read is correct – that Ryanair haven’t hedged any fuel this winter – then thats not going to bring Ryanair down in any case because their reserves are strong, but I think it’ll lead to them offering far fewer cheap fares, and if it also severely dents their cash reserves so be it.

(Just as an example of what I’m talking about, consider these figures from report I read late last week… Southwest have hedged 80% of their winter fuel needs at $28 a barrel, whereas United have hedged none of their fuel and are therefore subject to market forces with trading currently standing well above $50 a barrel. Guess which out WN or UA are going to come out of the winter with the better balance sheet)

Ren,

You may be right. However, Ryanair have demonstrated what I’d regard as “sharp” business practices in the past and have gotten away with it. If they are again demonstrating “sharp” business practices and this winter those practices come back to bite them on the ass, well maybe they’ll show a bit more humility and compassion in future – its high time something like that happened. MOL predicted a blood bath amongst the low-fare carriers this winter and I think he’s correct in suggesting that, and if Ryanair has to share some of the pain then that’s mighty fine by me.

If what I read is correct – that Ryanair haven’t hedged any fuel this winter – then thats not going to bring Ryanair down in any case because their reserves are strong, but I think it’ll lead to them offering far fewer cheap fares, and if it also severely dents their cash reserves so be it.

(Just as an example of what I’m talking about, consider these figures from report I read late last week… Southwest have hedged 80% of their winter fuel needs at $28 a barrel, whereas United have hedged none of their fuel and are therefore subject to market forces with trading currently standing well above $50 a barrel. Guess which out WN or UA are going to come out of the winter with the better balance sheet)

Don’t forget that any hard times that Ryanair may fall on will be felt the hardest by the frontline staff who will undoubtedly be shown the front door or be told to sacrifice even more of their terms and conditions( if they have any left that is).

MOL as most CEO’s do, will not even feel the breeze.

A thought for the staff is required here I think?

You’re absolutely right. However MOL’s ego may feel the heat.

Don’t forget that any hard times that Ryanair may fall on will be felt the hardest by the frontline staff who will undoubtedly be shown the front door or be told to sacrifice even more of their terms and conditions( if they have any left that is).

MOL as most CEO’s do, will not even feel the breeze.

A thought for the staff is required here I think?

You’re absolutely right. However MOL’s ego may feel the heat.

I think (hope) MOL and Ryanair are in for a rougher ride this winter than they might have hoped for. First there’s the union thing, and secondly they’re not hedged on fuel for the winter (whereas Easy are said to be 50% hedged) – a high oil price throughout the forthcoming low season and a few employee relations problems could easily wipe the smile off MOL’s face.

Andy

Don’t forget that any hard times that Ryanair may fall on will be felt the hardest by the frontline staff who will undoubtedly be shown the front door or be told to sacrifice even more of their terms and conditions( if they have any left that is).

MOL as most CEO’s do, will not even feel the breeze.

A thought for the staff is required here I think?

I think (hope) MOL and Ryanair are in for a rougher ride this winter than they might have hoped for. First there’s the union thing, and secondly they’re not hedged on fuel for the winter (whereas Easy are said to be 50% hedged) – a high oil price throughout the forthcoming low season and a few employee relations problems could easily wipe the smile off MOL’s face.

Andy

Don’t forget that any hard times that Ryanair may fall on will be felt the hardest by the frontline staff who will undoubtedly be shown the front door or be told to sacrifice even more of their terms and conditions( if they have any left that is).

MOL as most CEO’s do, will not even feel the breeze.

A thought for the staff is required here I think?

They wont get it and do you think Mr.O Leary will have any problems replacing pilots who may be told to Foxtrot Oscar.

They wont get it and do you think Mr.O Leary will have any problems replacing pilots who may be told to Foxtrot Oscar.

I think (hope) MOL and Ryanair are in for a rougher ride this winter than they might have hoped for. First there’s the union thing, and secondly they’re not hedged on fuel for the winter (whereas Easy are said to be 50% hedged) – a high oil price throughout the forthcoming low season and a few employee relations problems could easily wipe the smile off MOL’s face.

Andy

Oh, don’t get my hopes up like that.

I think (hope) MOL and Ryanair are in for a rougher ride this winter than they might have hoped for. First there’s the union thing, and secondly they’re not hedged on fuel for the winter (whereas Easy are said to be 50% hedged) – a high oil price throughout the forthcoming low season and a few employee relations problems could easily wipe the smile off MOL’s face.

Andy

Oh, don’t get my hopes up like that.

I think (hope) MOL and Ryanair are in for a rougher ride this winter than they might have hoped for. First there’s the union thing, and secondly they’re not hedged on fuel for the winter (whereas Easy are said to be 50% hedged) – a high oil price throughout the forthcoming low season and a few employee relations problems could easily wipe the smile off MOL’s face.

Andy

I think (hope) MOL and Ryanair are in for a rougher ride this winter than they might have hoped for. First there’s the union thing, and secondly they’re not hedged on fuel for the winter (whereas Easy are said to be 50% hedged) – a high oil price throughout the forthcoming low season and a few employee relations problems could easily wipe the smile off MOL’s face.

Andy

Well, when Mr. MOL is telling the Europeans to “Foxtrot Oscar” when they demand back a fraction of his subsideries from Belgium, what makes you thing he will react any differently to this?

He will just tell his Staff to “Foxtrot Oscar”. That is his style!

Well, when Mr. MOL is telling the Europeans to “Foxtrot Oscar” when they demand back a fraction of his subsideries from Belgium, what makes you thing he will react any differently to this?

He will just tell his Staff to “Foxtrot Oscar”. That is his style!