There’s always a silver lining
Rising oil prices, falling house prices and the ever worsening credit crunch, whether it’s TV, Radio or opening your newspaper thats all we seem to hear about these days. But are recessions really all that bad or can we look for a silver lining amidst all the doom and gloom?
Never one to miss an opportunity Micheal O’Leary, chief executive officer of Ryanair, today announced that he had started discussions Boeing to order as many as 200 new airplanes to their fleet.
“I think aircraft values are going to collapse this winter,” Mr O’Leary said. “I think Boeing and Airbus order books are going to be under stress as airlines go bankrupt.”
Add comment August 7th, 2008