EASYJET – I’M WITH SIR STELIOS


Sir Stelios threatens to sell family stake in fresh easyJet row

(Daily Telegraph Article: link below)

Just a quickie, as they say.

So, Sir Stelios Haji-Ioannou says he has become “increasingly concerned” at easyJet’s growth plans which he claims are centred on an “expansion at any cost policy” with directors “squandering” cash on new aircraft.

Spot on Sir Stelios.  Peak oil means that one of the first industries that will be hammered in our oil-equals-transport, complex, globalised society is the airline industry.  Indeed, the hammering has already started if you look at the industry’s profit margins in recent years; about a fifth of what they should be (and have been) as I recall.  Unsustainable comes to mind.

Invest in the future of commercial aviation?  No thanks.  Good move to sell out Sir Stelios.

http://tinyurl.com/b22rmro

NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

Chai et Rasade

The Vintage Wine Seller's Blog

Moraymint Chatter

A father's thoughts for his children ... and other stuff

Chauncey Tinker's Blog

Reversing "Western" decline with reason.

The Participator

A father's thoughts for his children ... and other stuff

The Worldview

Explaining our world in simple terms

The Brexit Door

Independent thinking for an Independent Britain

EU Referendum Blog

A father's thoughts for his children ... and other stuff

The Slog.

An incorrigible Cognitive Dissident

Surplus Energy Economics

How the economy REALLY works - Tim Morgan

Guido Fawkes

Parliamentary plots and conspiracy

BarristerBlogger

Matthew Scott's Legal Comment Argument and Discussion. Comment Awards 2015 Best Independent Blog

Our Finite World

Exploring how oil limits affect the economy

Independent Sovereign Democratic Britain

A father's thoughts for his children ... and other stuff

Sandy Paterson Mountaineering

A father's thoughts for his children ... and other stuff

Do the Math

A father's thoughts for his children ... and other stuff

John Seymour School

Fruit and Vegetables, Beer, Wine and Cider, Jam, Bread, Jelly, Pigs, Chickens, Eggs, Sausages and Bacon, Pickles and Compost

The Archdruid Report

A father's thoughts for his children ... and other stuff

the.one&only-elspie

A father's thoughts for his children ... and other stuff

%d bloggers like this: