Ryanair is the Irish airline that brings new meaning to the term 'discount travel', and the Ryanair Girls Calender. The low fares you get with these guys would even give JetBlue blue balls (whatever that means?). But even these notorious price slasher are experiencing the decline in consumer air travel and the rise in fuel costs.
Despite announcing a potential 60 million euro ($94.41 million) loss this week, the company refuses to institute oil surcharges or cutback on any flight routes. Shares of Ryanair stock also dropped 22% upon the announcement.
Laughing in the face of all the Ryanair positive spin, one analyst has told the company to basically 'get real.' According to a BBC News report: