Good news, good news

Well Mr. O'Leary, it turns out that we "eco-nuts" can read after all. Despite the usual doom-and-gloom in the papers ("the credit crunch will knifecrime your children!") some of what we're reading is pretty good news. Take Europe, where MEP's have stood up to the coal lobby and voted for tough regulations that require companies to fit expensive equipment to trap their emissions. Don't worry, that includes you E-on!

But the news that really got us chuckling was when Michael announced his
plans for transatlantic flights with an upbeat and quite bonkers forecast where the credit crunch is "good for business", the economic outlook is "great" and where only a "fool" couldn't make money in this economic climate.

However with 400 staff at Ryanair's Stansted airport base taking a week of unpaid leave over the winter to conserve costs, and senior management taking pay cuts of at least 10% this year, it looks like Mr O'Leary may be rather too confident. Could this announcement be just more O'Leary bluster? Place your bets now...