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The Saker
A bird's eye view of the vineyard

offsite link Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

offsite link The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog.? We are also making archives of the blog available for free download in various formats (see below).?

offsite link What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

offsite link Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
2023/02/27 19:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link University ?Sacks? Economist Who Wrote Paper Criticising Mass Immigration Policy Sun Dec 15, 2024 09:00 | Will Jones
Economist Prof Steve Fothergill has said he was "sacked" by Sheffield Hallam University after writing a paper that criticised UK immigration policy for allowing large numbers of jobs to be taken by foreigners.
The post University “Sacks” Economist Who Wrote Paper Criticising Mass Immigration Policy appeared first on The Daily Sceptic.

offsite link Ed Miliband Triples Down on Energy Suicide Sun Dec 15, 2024 07:00 | Ben Pile
Rather than facing the facts, Ed Miliband has this week tripled-down on what everyone else can now see are terrible mistakes in energy policy more than two decades in the making, says Ben Pile.
The post Ed Miliband Triples Down on Energy Suicide appeared first on The Daily Sceptic.

offsite link News Round-Up Sun Dec 15, 2024 01:02 | Will Jones
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Trial of Migrant Murder Suspect Will Take Twice as Long Because of Language Barrier Sat Dec 14, 2024 15:00 | Will Jones
The murder trial of an asylum seeker believed to have arrived in the U.K. on a small boat could take twice as long because he does not speak English, a court heard.
The post Trial of Migrant Murder Suspect Will Take Twice as Long Because of Language Barrier appeared first on The Daily Sceptic.

offsite link BBC Accused of ?Gross Historical Ignorance? in Syria Reporting Sat Dec 14, 2024 13:00 | Will Jones
The BBC has been accused of "gross historical ignorance" after it said that Syria's Jews "want to believe they have a space now" following the collapse of Assad's Government at the hands of an Islamist insurgency.
The post BBC Accused of “Gross Historical Ignorance” in Syria Reporting appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Ryanair Shares Nose Dive

category international | miscellaneous | other press author Monday February 04, 2008 12:40author by Michelle Crawley Report this post to the editors

Ryanair Profits Plummett amid market fears

Ryanair Shares Nose Dive

Ryanair took a 12% slump in this morning’s trade, further intensifying fears of poor market conditions amid recessionary fears. Today Ryanair announced a 27% drop in pre tax profits in its third quarter net profits. Further falls are predicted for the company in its next fiscal year.

'With oil prices at $90 a barrel and fear of recession in the UK and many other European economies, the current outlook for the coming fiscal year is poor. While it is impossible to accurately forecast full year fuel prices and yields this far in advance, there is now a significant chance that profits may decline next year,' Mr. O'Leary cautioned.

However Ryanair are not the only airline to suffer from the economic downturn, Aer Lingus shares are down 3 cent to €2.30. However shrewd, Mr. O’Leary has plans to spend up to 200 million purchasing back shares in the company, which equates to 3% of the company share capital. The shares may have plummeted, however like any of their bowing 747’s, their reliability and stability should see them soar through the present economic storm.

By Michelle Crawley.

Related Link: http://www.rte.ie/business/2008/0204/ryanair.html
author by Terencepublication date Mon Feb 04, 2008 14:54author address author phone Report this post to the editors

It looks like the price of fuel is affecting Ryanair after all. However back in Aug 2006, Ryanair made a great big fuss about other airlines charging fuel charges and they weren't. In hindsight this now seems to be because they likely hedged fuel purchases correctly but never realised they would stay high and even go higher in the years since.

This is what Ryanair had to say in Aug 2006 and it was reported widely at the time.

O'Leary also again said that Ryanair would never impose fuel surcharges, even if the cost of oil exceeded $200 (€160) a barrel.

"Ryanair will never introduce fuel surcharges, today tomorrow or ever, even if it reaches $200 a barrel," O'Leary said. "Admittedly, if it hits $200 a barrel we'll be the only airline left flying in Europe."


Ref: http://www.finfacts.com/irelandbusinessnews/publish/art...shtml

It looks like they could be soon eating their words.

 
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