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Page added on May 26, 2008

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Aer Lingus can go bust if oil spikes: O

Ryanair boss Michael O’Leary has warned that Aer Lingus could go bust if oil hits $200 a barrel.

Half the airlines would certainly go out of business if oil hit $200 a barrel,” said O’Leary. “That could include Aer Lingus. Only the strong airlines would survive and that would be British Airways, Lufthansa, Air France and Ryanair.”

BelfastTelegraph



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