Srbrenna From United Kingdom, joined Apr 2004, 100 posts, RR: 0
Reply 1, posted (11 years 3 months 5 days ago) and read 3351 times:
I don't think O'Leary has lost it at all -
This is pretty consistent with the rest of his rants
It will fill up Newspaper column inches (and BBs!)
He knows exactly what he is doing and the share price drop of 10p seems to reflect that the investors are not concerned
All PR is good PR and O'Leary (along with Branson) sure knows how to milk it!
Babybus From , joined Dec 1969, posts, RR:
Reply 2, posted (11 years 3 months 5 days ago) and read 3326 times:
If you read his quote and try really really hard to forget his face,forget his irritating tone of voice and forget his unfortunate reputation and imagine for one minute someone else,some other high powered airline chief saying those exact words then we'd all be here applauding.
In difficult economic times like these you want to hear that the man with the most shares is still holding onto them. Unlike other airline owners who would sell out at the first sign of trouble and don't have a head for a fight.
That man is not the lose cannon we obviously think he is.
FLYtoEGCC From United Kingdom, joined Feb 2004, 947 posts, RR: 2
Reply 3, posted (11 years 3 months 5 days ago) and read 3297 times:
He's determined to make his airline successful and keep it successful. He may not be the most likeable man on Earth, but respect to him for sticking at what he's doing, and, as Babybus said, not selling at the first sign of trouble.
Given that his airline's whole business is based around low-fares, then obviously he needs to keep in the fare war to keep the fares low... if FR don't try and win this one, then fares will rise, passengers will go back to full-service carriers, Ryanair won't make as much money and the share price would drop even further. I think what he's doing is correct.