Ryanair sceptic hailed by media

ABN AMRO aviation analyst Andrew Lobbenberg is being hailed in the London media as the one analyst who did not buy into the Ryanair success story.

With the airline still licking a fairly large wound after close to €1.5bn was wiped off its share price, Lobbenberg has emerged as the one analyst who never fully accepted its success.

For Lobbenberg, it was a case of the emperor falling off his throne and not before time.