3 ms·

Ryanair has been pretty profitable? https://www.statista.com/statistics/756093/ryanair-net-profit/ https://www.statista.com/statistics/756093/ryanair-net-profi

• mhaymo 7y ago
  And EasyJet made £430m in profit last year. http://corporate.easyjet.com/investors/results-centre http://corporate.easyjet.com/investors/results-centre
• fxtentacle 7y ago
  I can't deny that they declared profits, but that doesn't necessary mean that they earned those in a sustainable way. And scraping the bottom of an already under-priced airline industry doesn't seem like a safe long-term bet to me.
• missedthecue 7y ago
  Ryanair is an amazing business. In their 25+ year history, they've never issued debt or shares to raise capital. Thye've grown through cashflow alone.