Aengus Kelly

That's a direct result of low oil. by Aengus Kelly

That's a direct result of low oil.

If Boeing do deliver 777s at deeply discounted prices, they could cannibalize 777X sales. They would be borrowing from the future, if demand isn't there and they have to drop the price precipitously to sell, then my view is they won't do it and they will instead cut production.

The seller of that plane will have recovered about $40 million for the one Delta quoted, because it would keep all maintenance reserves and security deposits.

They have a very good team but the ordering frenzy was in the last few years, it's more of a challenge now to get an order than it was 24 months ago.

I know we could move a few more if we had them, there are airline... by Aengus Kelly

I know we could move a few more if we had them, there are airlines out there looking at it.

When money is too easy, people are going to take risks they shouldn't take, i think it would be much better if rather than trying to paper over the fundamental issues, Europe tackled labour market reform and made it easier for people to manage their business.