The chief executive of Ryanair, Michael O’leary, has no interest in the fleet of Thomas Cook is about to take over. But it would be a good idea to find a test to enter into the aviation industry, ” he said at a press conference in Vienna, austria. He is looking forward to the stress test for banks, which was triggered by the financial crisis of 2008 in which banks are to be tested to determine their efficacy at, for example, a stock market crash or a severe recession.
Transporteconoom, Eddy Van de Voorde (UAntwerpen) it is questionable whether the proposal from O’leary, however, sincere. “True, O’leary have a point, that it’s too easy for an airline to set up. You will need capital to be able to present it, but there is almost no control on the return on investment. That review should be up. However, a stress test was in the bankruptcy, Thomas Cook is not able to prevent it. The holding company had a high debt level and borrowing at hedge funds. And the company has ” turned.”
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